
AbbVie's (NYSE:ABBV) short percent of float has risen 15.38% since its last report. The company recently reported that it has 13.23 million shares sold short, which is 0.75% of all regular shares that are ***ailable for trading. Based on its trading volume, it would take traders 2.21 days to cover their short positions on ***erage.Why Short Interest MattersShort interest is the number of shares that h***e been sold short but h***e not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will