Smith & Nephew plc (NYSE:SNN) Short Interest Up 22.9% in May

Smith & Nephew plc (NYSE:SNN) Short Interest Up 22.9% in May

Smith & Nephew plc (NYSE:SNN - Get Free Report) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 1,880,000 shares, an increase of 22.9% from the April 30th total of 1,530,000 shares. Based on an average daily volume of 873,900 shares, the short-interest ratio is currently 2.2 days. Approximately 0.4% of the company's stock are short sold.