Eventbrite, Inc. recorded a sharp increase in short interest during the second half of January. Short positions reached 3,990,061 shares as of January 30. This figure represents a 101.1% increase from the 1,984,102 shares reported on January 15.
Approximately 5.3% of the company's total shares are now sold short. Based on average daily trading volume, the current short-interest ratio stands at 2.5 days.