Ciena Co. (NYSE:CIEN – Get Free Report) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totalling 3,890,000 shares, an increase of 9.3% from the July 15th total of 3,560,000 shares. Based on an average trading volume of 2,060,000 shares, the short-interest ratio is currently 1.9 days. Currently, 2.6% of the company's shares are short sold. Ciena Price Performance Shares of NYSE CIEN traded down $0.48 during trading on Wednesday, hitting $41.

https://www.dailypolitical.com/2023/08/16/short-interest-in-ciena-co-nysecien-expands-by-9-3.html

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