Short Interest in Patterson Companies, Inc. (NASDAQ:PDCO) Increases By 40.9%
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Patterson Companies, Inc. (NASDAQ:PDCO) experienced a significant increase in short interest, rising 40.9% to 2,790,000 shares as of March 31, up from 1,980,000 shares on March 15. This represents approximately 3.6% of the company's stock. The short-interest ratio is currently 2.0 days based on an average daily volume of 1,380,000 shares. The stock remained flat at $31.33, with a market cap of $2.77 billion and a consensus target price of $26.57 from analysts, who generally rate it as a "hold."
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