Calix, Inc. ( NYSE:CALX – Get Rating ) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 1,770,000 shares, a decline of 8.3% from the May 15th total of 1,930,000 shares. Based on an average daily trading volume, of 685,400 shares, the short-interest ratio is currently 2.6 days. Approximately 3.0% of the shares of the company are sold short. Analyst Upgrades and Downgrades A number of research firms recently commented on CALX. TD Cowen boosted their price target on Calix from $78.

https://www.dailypolitical.com/2023/06/18/calix-inc-nysecalx-short-interest-down-8-3-in-may.html

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