Looking Into Arista Networks's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Arista Networks's (NYSE:ANET) short percent of float has fallen 3.95% since its last report, with 4.26 million shares sold short, which is 1.7% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards the stock. Compared to its peers, Arista Networks has less short interest as a percentage of float, with an average of 7.22%.
August 08, 2023 | 5:30 pm
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A decrease in short interest in Arista Networks could indicate a more bullish sentiment towards the stock. The company's short interest is lower than its peers' average.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish. Arista Networks's short percent of float has fallen 3.95% since its last report, which could indicate a more bullish sentiment towards the stock. Additionally, compared to its peers, Arista Networks has less short interest as a percentage of float, which could be seen as a positive sign by investors.
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