Viavi Solutions Inc. (NASDAQ:VIAV) Short Interest Down 22.4% in January

Market Beat
2025.02.15 11:08
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Viavi Solutions Inc. (NASDAQ:VIAV) experienced a significant decrease in short interest, dropping 22.4% in January to 4,160,000 shares. This represents 1.9% of the company's stock sold short, with a short-interest ratio of 2.1 days based on an average daily trading volume of 1,950,000 shares. Additionally, several institutional investors have increased their holdings, and analysts have issued various ratings, with an average target price of $12.33. The stock opened at $12.23, reflecting a slight decline of 0.6%.