Cadence Design Systems Inc (CDNS)

[eastunder]

CDNS: Short Interest UP 12.2% to 18.4M at the End of Jul 2008

Monday , August 11, 2008 16:16ET

According to new short interest data from NASDAQ, short interest for Cadence Designs Systems, Incorporated (NasdaqNM: CDNS) INCREASED 12.2% to 18,389,640 shares as reported at month-end July, 2008.

SYMBOL CDNS
MID JULY 16,394,094
END JULY 18,389,640
CHANGE +1,995,546
%CHANGE +12.17
DAYS/COVER 3

Based on CDNS's 20-day average daily share volume of 8,139,990, it would require approximately 3 day(s) of buying to cover this short interest.