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DURECT Corporation (NASDAQ:DRRX – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 400,900 shares, adecreaseof47.6% from the July 15th total of 764,800 shares. Approximately1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 980,100 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 980,100 shares, the days-to-cover ratio is currently 0.4 days. Approximately1.5% of the company’s shares are sold short.
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DURECT Corporation (NASDAQ:DRRX) Sees Significant Drop in Short Interest
