![Short Interest in Puma Biotechnology, Inc. (NASDAQ:PBYI) Declines By 17.4%](https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?src=https://www.marketbeat.com/logos/puma-biotechnology-inc-logo-1200x675.jpg?v=20221216145125&w=240&h=240&zc=2)
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.
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