Short Interest in Trimble Inc. (NASDAQ:TRMB) Grows By 24.7%
Trimble Inc. (NASDAQ:TRMB – Get Rating) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 1,970,000 shares, a growth of 24.7% from the April 30th total of 1,580,000 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 1,240,000 shares, the short-interest ratio is presently 1.6 days.