How Is The Market Feeling About Ansys?
Portfolio Pulse from Benzinga Insights
Ansys (NYSE:ANSS) has seen a 12.95% increase in its short percent of float, now at 2.18%. This indicates a rise in bearish sentiment, although it remains below the peer average of 2.63%. It would take traders 3.18 days to cover short positions.
September 03, 2024 | 6:00 pm
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Ansys's short interest has increased by 12.95%, indicating a rise in bearish sentiment. However, its short interest remains below the peer average, suggesting relatively less bearishness compared to peers.
The increase in short interest suggests that investors are becoming more bearish on Ansys. However, since the short interest is still below the peer average, the bearish sentiment is not as strong as it could be. This could lead to short-term downward pressure on the stock price.
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