Short Interest Expands By 39% For IDRA

The most recent short interest data has been released by the NASDAQ for the 07/15/2014 settlement date, which shows a 1,848,653 share increase in total short interest for Idera Pharmaceuticals Inc (IDRA), to 6,586,048, an increase of 39.02% since 06/30/2014. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded..