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Message: POET Technologies Inc. (NASDAQ:POET) Short Interest Down 34.4% in May

POET Technologies Inc. (NASDAQ:POET) Short Interest Down 34.4% in May (marketbeat.com)

POET Technologies Inc. (NASDAQ:POET - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 496,500 shares, a decrease of 34.4% from the May 15th total of 756,900 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily volume of 774,800 shares, the days-to-cover ratio is presently 0.6 days.

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