Cepton, Inc. ( NASDAQ:CPTN – Get Rating ) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 1,510,000 shares, a decrease of 12.2% from the January 31st total of 1,720,000 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily trading volume, of 212,300 shares, the days-to-cover ratio is presently 7.1 days. Institutional Trading of Cepton Hedge funds and other institutional investors have recently bought and sold shares of the company.
https://www.dailypolitical.com/2023/03/07/cepton-inc-nasdaqcptn-short-interest-down-12-2-in-february.html#dailypolitical
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