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Analyzing Vertex Pharmaceuticals's Short Interest

Vertex Pharmaceuticals Nasdaq

Vertex Pharmaceuticals's (NASDAQ:VRTX) short percent of float has fallen 11.26% since its last report. The company recently reported that it has 3.42 million shares sold short, which is 1.34% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.9 days to cover their short positions on average.

Why Short Interest Matters

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