Peering Into Autodesk's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Autodesk's short interest has risen by 4.04%, with 2.22 million shares sold short, representing 1.03% of its float. This increase in short interest could indicate bearish sentiment, although Autodesk's short interest is lower than its peers' average of 3.89%.
June 17, 2024 | 7:15 pm
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Autodesk's short interest has increased by 4.04%, with 2.22 million shares sold short, representing 1.03% of its float. This could indicate bearish sentiment, but its short interest is still below the peer average of 3.89%.
The increase in short interest suggests that more traders are betting against Autodesk, which could indicate bearish sentiment. However, the short interest is still lower than the peer average, which might mitigate some of the negative impact.
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