PolyPid Ltd. (NASDAQ:PYPD) Sees Large Drop in Short Interest

PolyPid Ltd. (NASDAQ:PYPD - Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 231,379 shares, a decrease of 44.0% from the July 30th total of 412,853 shares. Based on an average trading volume of 170,743 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.6% of the company's…