Gilat Satellite Networks Ltd (GILT)

[PennyWorld]

BULLISH.... Gilat Satellite Networks was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 72,600 shares, a decline of 47.6% from the April 30th total of 138,500 shares. Approximately 0.3% of the company's stock are short sold. Based on an average daily volume of 432,200 shares, the short-interest ratio is presently 0.2 days.