(ANET) - Analyzing Arista Networks's Short Interest
Portfolio Pulse from Benzinga Insights
Arista Networks's (NYSE:ANET) short percent of float has fallen 13.95% since its last report, with 5.55 million shares sold short, which is 2.22% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Arista Networks has less short interest.
July 04, 2023 | 4:46 pm
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A decrease in short interest in Arista Networks could indicate a more bullish sentiment towards the stock. The company has less short interest compared to its peers.
Short interest is the number of shares sold short but not yet covered. A decrease in short interest can signal a more bullish sentiment towards a stock. Arista Networks's short interest has decreased, which could indicate a more positive sentiment towards the stock. Additionally, the company has less short interest compared to its peers, which could be seen as a positive sign.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100