(JOBY) - Analyzing Joby Aviation's Short Interest
Portfolio Pulse from Benzinga Insights
Joby Aviation's short interest has increased by 6.73%, with 19.34% of its float sold short, indicating bearish sentiment. This is higher than its peers' average of 11.66%. It would take 12.19 days to cover these positions.
August 30, 2024 | 7:15 pm
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Joby Aviation's short interest has increased significantly, with 19.34% of its float sold short. This suggests a bearish sentiment among investors, as it surpasses the peer average of 11.66%.
The increase in short interest to 19.34% of float suggests that investors are bearish on Joby Aviation, as it is significantly higher than the peer average of 11.66%. This could lead to downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100