Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Sees Significant Drop in Short Interest

Patterson-UTI Energy, Inc. (NASDAQ: PTEN - Get Free Report) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 26,124,570 shares, a decline of 14.1% from the March 15th total of 30,414,994 shares. Based on an average daily volume of 10,777,116 shares,