Taro Pharmaceutical Industries Ltd. (TARO) Short Interest Down 4.6% in December

Taro Pharmaceutical Industries Ltd. (NYSE:TARO) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 2,913,120 shares, a drop of 4.6% from the November 30th total of 3,053,302 shares. Approximately 25.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 173,355 shares, the days-to-cover ratio is presently 16.8 days.

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