23.6% rise in short interest for Conduent Incorporated in October, reaching 1.7% of total stock.
In October, Conduent Incorporated (NASDAQ: CNDT) experienced a 23.6% rise in short interest, reaching 2,460,000 shares, or 1.7% of its total stock. The short-interest ratio stands at 2.3 days, based on an average trading volume of 1,050,000 shares. Institutional investors hold 77.28% of its shares. As of October 15, the stock price was $3.67, with a market cap of $596 million and a P/E ratio of 17.33.
October 30, 2024
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