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Short interest in Applied Digital Corp (NASDAQ:APLD) decreased during the last reporting period, falling from 27.41M to 27.02M. This put 13.8% of the company's publicly available shares short.
Short interest for Applied Digital gives investors a sense of the degree to which investors are betting on the decline of Applied Digital's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 13.96M shares traded per day, it would take 1.94 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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