Short Interest in Applied Digital Co. (NASDAQ:APLD) Increases By 9.0%
Applied Digital Co. (NASDAQ:APLD – Get Free Report) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 42,820,000 shares, an increase of 9.0% from the November 15th total of 39,290,000 shares. Approximately 26.7% of the shares of the stock are short sold. Based on an average daily volume of 15,190,000 shares, the short-interest ratio is presently 2.8 days.