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Arista Networks Short Interest Ratio and Short Volume

-7.67 (-3.46 %)
(As of 10/21/2020 12:00 AM ET)
Today's Range
Now: $214.31
50-Day Range
MA: $211.34
52-Week Range
Now: $214.31
Volume881,691 shs
Average Volume787,025 shs
Market Capitalization$16.29 billion
P/E Ratio22.80
Dividend YieldN/A

Short Interest

Arista Networks (NYSE:ANET) Short Interest Data

Current Short Volume:3,940,000 shares
Previous Short Volume:3,300,000 shares
Change Vs. Previous Month:+19.39%
Dollar Volume Sold Short:$889.81 million
Short Interest Ratio / Days to Cover:6.0
Last Record Date:September, 30 2020
Outstanding Shares:76,620,000 shares
Float Size:54,420,000 shares
Short Percent of Float:7.24%
Today's Trading Volume:881,691 shares
Average Trading Volume:787,025 shares
Today's Volume Vs. Average:12.03%

Arista Networks (NYSE:ANET) Short Interest History

DateShares Sold ShortDollar Volume Sold ShortPercentage ChangePercentage FloatDays to CoverPrice on Record Date
9/30/20203,940,000 $889.81 million 19.4%7.2%5.5$225.84
9/15/20203,300,000 $662.11 million -0.6%6.1%4.6$200.64
8/31/20203,320,000 $687.14 million 0.6%6.1%4.7$206.97
8/14/20203,300,000 $739.53 million -5.7%6.1%4.8$224.10
7/31/20203,500,000 $750.86 million -9.6%6.4%5.1$214.53
7/15/20203,870,000 $1.01 billion -5.4%7.2%5.6$259.77
6/30/20204,090,000 $968.55 million 4.6%7.5%5.7$236.81
6/15/20203,910,000 $820.16 million 14.0%7.2%4.9$209.76
5/29/20203,430,000 $717.73 million 12.1%6.3%3.8$209.25
5/15/20203,060,000 $714.39 million 13.8%5.7%3.2$233.46
4/30/20202,690,000 $611.19 million 1.9%4.9%2.7$227.21
4/15/20202,640,000 $592.89 million 21.7%4.9%2.7$224.58
3/31/20202,170,000 $470.48 million 6.3%3.9%2.3$216.81
3/13/20202,041,700 $428.57 million -2.8%3.7%2.5$209.91
2/28/20202,100,000 $339.95 million 12.3%3.8%2.6$161.88
2/14/20201,870,000 $373.93 million -21.4%3.4%2.4$199.96
1/31/20202,380,000 $483.47 million 3.0%4.3%3.4$203.14
1/15/20202,310,000 $534.77 million 1.8%4.3%2.4$231.50
12/31/20192,270,000 $540.37 million 14.1%4.2%2.5$238.05
8/15/20191,419,100 $316.74 million -22.4%2.7%1.5$223.20

Arista Networks (NYSE:ANET) Short Interest FAQ

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What is Arista Networks' current short interest?

Short interest is the volume of Arista Networks shares that have been sold short but have not yet been covered or closed out. As of September 30th, investors have sold 3,940,000 shares of ANET short. 7.24% of Arista Networks' shares are currently sold short. View details.

What is a good short interest ratio for Arista Networks?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Arista Networks currently has a short interest ratio of 6.0.

What is a good short interest percentage for Arista Networks?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 7.24% of Arista Networks' floating shares are currently sold short.

Is Arista Networks' short interest increasing or decreasing?

Arista Networks saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,940,000 shares, an increase of 19.4% from the previous total of 3,300,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Arista Networks' float size?

Arista Networks currently has issued a total of 76,026,000 shares. Some of Arista Networks' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Arista Networks currently has a public float of 54,420,000 shares.

How does Arista Networks' short interest compare to its competitors?

7.24% of Arista Networks' shares are currently sold short. Here is how the short interest of companies in the industry of "computer & office equipment" compare to Arista Networks: HP Inc. (1.47%), NEC Co. (0.00%), F5 Networks, Inc. (0.00%), Juniper Networks, Inc. (6.07%), A10 Networks Inc (2.34%), Extreme Networks, Inc (0.00%), Digi International Inc. (3.72%), Allot Communications Ltd (1.48%), Silicom Ltd. (0.27%), and Intrusion Inc. (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications Inc ($5.12 billion), Aon PLC ($3.76 billion), Clorox Co ($3.07 billion), ViacomCBS Inc. ($2.89 billion), Analog Devices, Inc. ($2.49 billion), Moderna, Inc. ($2.37 billion), Datadog ($2.29 billion), Uber Technologies, Inc. ($2.22 billion), Kroger Co ($2.20 billion), and Simon Property Group Inc ($1.88 billion). View all of the most shorted stocks.

What does it mean to sell short Arista Networks stock?

Short selling ANET is an investing strategy that aims to generate trading profit from Arista Networks as its price is falling. Arista Networks' stock is trading down $7.67 today. To short Arista Networks stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Arista Networks will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Arista Networks?

A short squeeze for Arista Networks occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ANET, which in turn drives the price of the stock up even further.

How often is Arista Networks' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ANET, twice per month. The most recent reporting period available is September, 30 2020.

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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