Archer Aviation (NYSE:ACHR) has seen a decrease in short interest, with the short percent of float dropping 5.57% since the last report. The company has 39.63 million shares sold short, representing 17.8% of available shares for trading. The current short interest suggests it would take about 6.72 days for traders to cover their positions. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise. Archer Aviation's short interest is higher than its peer group average of 6.76%.