Medtronic short interest drops 1.1%: 5 key notes

Medtronic reported a drop in short interest, according to an Insider Trading report.

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Here are five things to know:

 

1. The company had a 1.1 percent drop — 125,951 shares — in its short interest.

 

2. The average daily volume of shares is 4.3 million. On July 15, the short interest was 10.9 million shares.

 

3. Medtronic shares rallied 24.77 percent over the past 52 weeks. The one-year high is $79.50 and the one-year low is $59.83.

 

4. The company ended this past Tuesday session in the red amid volatile trading, with shares closing down 0.23 points or 0.3 percent.

 

5. The company’s market cap is $109.6 billion.

 

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