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Peering Into Fortinet's Recent Short Interest

Fortinet's (NASDAQ:FTNT) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 1.97 million shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.5 days to cover their short positions on average.

Why Short Interest Matters

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One subscription that gives you access to news from hundreds of sites

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