Is Buying Neonode Inc (NASDAQ:NEON), Having Higher Short Interest a Winning Strategy?

Is Buying Neonode Inc (NASDAQ:NEON), Having Higher Short Interest a Winning Strategy? | Finance Recorder

The stock of Neonode Inc (NASDAQ:NEON) registered an increase of 1.8% in short interest. NEON’s total short interest was 276,800 shares in December as published by FINRA. Its up 1.8% from 271,900 shares, reported previously. With 14,100 shares average volume, it will take short sellers 20 days to cover their NEON’s short positions.