February 28, 2013 at 17:35 PM EST
Short Interest Falls 16.8% For BRCD
The most recent short interest data has been released by the NASDAQ for the 02/15/2013 settlement date, which shows a 3,736,894 share decrease in total short interest for Brocade Communications Systems N (BRCD), to 18,485,708, a decrease of 16.82% since 01/31/2013. 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.
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