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Innovative Solutions and Support, Inc. (NASDAQ:ISSC – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 845,000 shares, an increase of 30.5% from the August 15th total of 647,600 shares. Currently, 5.5% of the shares of the company are sold short. Based on an average daily volume of 622,200 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 622,200 shares, the days-to-cover ratio is presently 1.4 days. Currently, 5.5% of the shares of the company are sold short.
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