AngioDynamics, Inc. ( NASDAQ:ANGO – Get Rating ) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 761,800 shares, a drop of 7.1% from the April 30th total of 820,300 shares. Based on an average trading volume of 334,300 shares, the short-interest ratio is presently 2.3 days. Currently, 2.0% of the company's stock are short sold. Wall Street Analyst Weigh In Several analysts recently issued reports on the company. Raymond James lowered AngioDynamics from a 'strong-buy' rating to an 'outperform' rating and cut their price objective for the stock from $14.
https://www.dailypolitical.com/2023/05/30/angiodynamics-inc-nasdaqango-sees-large-drop-in-short-interest.html#dailypolitical
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