Open Text Co. (NASDAQ:OTEX) Sees Significant Growth in Short Interest
Open Text Co. (NASDAQ:OTEX – Get Rating) (TSE:OTC) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 3,500,000 shares, an increase of 24.6% from the May 31st total of 2,810,000 shares. Based on an average daily volume of 565,100 shares, the days-to-cover ratio is presently 6.2 days.