Intercept Pharmaceuticals, Inc. ( NASDAQ:ICPT – Get Rating ) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 5,170,000 shares, an increase of 61.6% from the May 15th total of 3,200,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 14.7% of the shares of the stock are short sold. Intercept Pharmaceuticals Trading Down 1.1 % Shares of NASDAQ ICPT traded down $0.

https://www.dailypolitical.com/2023/06/16/intercept-pharmaceuticals-inc-nasdaqicpt-sees-large-growth-in-short-interest.html

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