Fabrinet ( NYSE:FN – Get Rating ) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 1,160,000 shares, a growth of 51.6% from the May 15th total of 765,000 shares. Approximately 3.2% of the shares of the company are short sold. Based on an average trading volume of 373,000 shares, the days-to-cover ratio is presently 3.1 days. Wall Street Analysts Forecast Growth Several equities research analysts have issued reports on FN shares.

https://www.dailypolitical.com/2023/06/16/fabrinet-nysefn-short-interest-up-51-6-in-may.html

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