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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100