MakeMyTrip Limited (NASDAQ:MMYT – Get Rating) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 2,360,000 shares, a decline of 24.4% from the May 31st total of 3,120,000 shares. Based on an average daily volume of 342,200 shares, the short-interest ratio is currently 6.9 days. Approximately 4.5% of the company’s stock are short sold.
Shares of NASDAQ MMYT traded up $0.23 during midday trading on Monday, reaching…