Puma Biotechnology, Inc. (NASDAQ:PBYI – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 2,510,000 shares, a decrease of 17.4% from the May 15th total of 3,040,000 shares. Based on an average daily volume of 413,900 shares, the short-interest ratio is currently 6.1 days. Approximately 7.1% of the shares of the company are short sold.
Puma Biotechnology…
Read More…