Short interest in Cadence Design Systems Inc (NASDAQ:CDNS) increased during the last reporting period, rising from 3.29M to 3.92M. This put 1.61% of the company's publicly available shares short.

Short interest for Cadence Design Sys gives investors a sense of the degree to which investors are betting on the decline of Cadence Design Sys's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 2.89M shares traded per day, it would take 1.36 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.