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Greenhill sees major spike in short interest

Appian Corp. posted the biggest drop in short interest relative to shares outstanding among covered financial services companies between Oct. 31 and Nov. 15.

The company saw short interest decline 920 basis points to 14.42% of shares outstanding at the end of the period.

Greenhill & Co. Inc. saw the most significant increase during the period, as the percentage of shares held short relative to shares outstanding climbed 583 basis points to 25.51% as of Nov. 15.

Greenhill also topped the list of most-shorted financial services companies for the first half of November.

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