Conduent Incorporated (NASDAQ:CNDT) Short Interest Up 33.2% in February

Conduent Incorporated (NASDAQ:CNDT) was the target of a significant growth in short interest in February. As of February 26th, there was short interest totalling 6,260,000 shares, a growth of 33.2% from the February 11th total of 4,700,000 shares. Based on an average daily volume of 2,160,000 shares, the short-interest ratio is currently 2.9 days. Approximately 3.2% of the shares of the stock are sold short.