Proto Labs, Inc. (NYSE:PRLB) Sees Large Drop in Short Interest

Proto Labs, Inc. (NYSE:PRLB - Get Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 711,000 shares, a drop of 29.6% from the October 31st total of 1,010,000 shares. Based on an average daily volume of 278,400 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.9% of the shares of the stock are short sold.