Mercury Systems Inc (NASDAQ:MRCY) Sees Large Decline in Short Interest

Mercury Systems Inc (NASDAQ:MRCY) Sees Large Decline in Short Interest

Mercury Systems Inc (NASDAQ:MRCY - Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 3,828,163 shares, a decrease of 25.2% from the January 15th total of 5,120,404 shares. Approximately 6.5% of the company's stock are short sold. Based on an average daily trading volume, of 658,591 shares, the days-to-cover ratio is presently 5.8 days. Based on…