Cadence Design Systems, Inc. ( NASDAQ:CDNS – Get Rating ) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,150,000 shares, an increase of 21.2% from the January 31st total of 2,600,000 shares. Currently, 1.2% of the company's shares are short sold. Based on an average trading volume of 1,440,000 shares, the days-to-cover ratio is presently 2.2 days. Insider Activity In other news, VP Paul Cunningham sold 250 shares of the stock in a transaction that occurred on Monday, December 5th.

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