How Is The Market Feeling About Arista Networks?
Portfolio Pulse from Benzinga Insights
Arista Networks's (NYSE:ANET) short percent of float has fallen 3.52% since its last report, indicating a more bullish sentiment towards the stock. The company has 3.45 million shares sold short, which is 1.37% of all regular shares available for trading. Compared to its peers, Arista Networks has less short interest, with the peer group average at 7.32%.
October 09, 2023 | 4:30 pm
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A decrease in short interest in Arista Networks indicates a more bullish sentiment towards the stock, which could potentially lead to a rise in its stock price.
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, potentially leading to a rise in the stock price.
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