Looking Into Aurora Innovation's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Aurora Innovation (NYSE:AUR) has seen a 24.65% increase in its short percent of float, now at 12.59% of all regular shares available for trading. This is higher than the peer group average of 7.70%. It would take traders 12.77 days to cover their short positions on average.
July 30, 2024 | 8:15 pm
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Aurora Innovation's short interest has increased by 24.65%, now at 12.59% of float, indicating bearish sentiment. This is higher than the peer average of 7.70%.
The significant increase in short interest suggests that investors are bearish on Aurora Innovation. This could lead to downward pressure on the stock price in the short term.
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