Short interest in Cerence Inc (NASDAQ:CRNC) increased during the last reporting period, rising from 6.52M to 7.21M. This put 23.58% of the company's publicly available shares short.

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

Based on the recent average volume of 12.31M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.