Compugen Ltd. ( NASDAQ:CGEN – Get Rating ) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 1,690,000 shares, a drop of 7.1% from the May 15th total of 1,820,000 shares. Based on an average daily volume of 399,500 shares, the short-interest ratio is presently 4.2 days. Currently, 2.1% of the company's stock are short sold. Institutional Trading of Compugen Hedge funds and other institutional investors have recently made changes to their positions in the company.
https://www.dailypolitical.com/2023/06/18/compugen-ltd-nasdaqcgen-short-interest-down-7-1-in-may.html#dailypolitical
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