(ANSS) - Analyzing Ansys's Short Interest
Portfolio Pulse from Benzinga Insights
Ansys's (NYSE:ANSS) short percent of float has fallen 5.76% since its last report, with 887 thousand shares sold short, which is 1.31% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards Ansys. Compared to its peers, Ansys has less short interest as a percentage of float, with the average being 3.36%.
July 26, 2023 | 6:45 pm
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Decrease in short interest could indicate a more bullish sentiment towards Ansys. The company's short interest is also lower than its peer average.
A decrease in short interest often indicates a more bullish sentiment towards a stock, as it means fewer traders are betting on the stock's price to fall. This could potentially lead to an increase in the stock's price in the short term. Additionally, Ansys's short interest as a percentage of float is lower than its peer average, which could be seen as a positive sign by investors.
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