In August, NetScout Systems' short interest increased by 16.3% to 1,210,000 shares, and COO Michael Szabados and EVP John Downing sold shares.
In August, short interest in NetScout Systems (NASDAQ: NTCT) rose by 16.3% to 1,210,000 shares, equating to 1.8% of its total shares. The short-interest ratio is 1.6 days. COO Michael Szabados and EVP John Downing sold shares, while institutional investors hold 91.64% of the stock. NetScout reported earnings of $0.28 per share, surpassing estimates, with revenue at $174.60 million, down 17.3% year-over-year.
September 18, 2024
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