Cognizant Technology Solutions' short interest increased 5.2% in September, reaching 14.24M shares.

Cognizant Technology Solutions (NASDAQ: CTSH) saw short interest rise 5.2% in September, totaling 14,240,000 shares. The company reported Q2 earnings of $1.17 per share, surpassing estimates, and revenue of $4.85 billion. Analysts have upgraded the stock, with several raising price targets. CEO Ravi Kumar Singisetti sold 6,728 shares in August. Institutional investors are actively adjusting their positions in the company.