Sarepta Therapeutics Stock Sees Short Interest Fall 16.4%
The most recent short interest data has been released by the NASDAQ for the 09/30/2013 settlement date, which shows a 2,071,948 share decrease in total short interest for Sarepta Therapeutics Inc , to 10,564,630, a decrease of 16.40% since 09/13/2013. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
According to the ETF Finder at ETF Channel, SRPT makes up 2.59% of the SPDR S&P Biotech ETF (XBI) which is lower by about 0.7% on the day Friday. In afternoon trading Friday, SRPT was down about 0.2% on the day.