Peering Into Ansys's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Ansys (NYSE:ANSS) has seen a 5.98% decrease in its short percent of float, now at 2.36% of all regular shares available for trading. This is lower than the peer group average of 3.40%. It would take traders 4.45 days to cover their short positions on average.
July 25, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ansys's short interest has decreased by 5.98%, now at 2.36% of float, which is below the peer average of 3.40%. This indicates a less bearish sentiment towards the stock.
The decrease in short interest suggests that fewer investors are betting against Ansys, which can be interpreted as a positive signal for the stock. Additionally, the short interest is lower than the peer average, further indicating a relatively bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100