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Short interest in Peloton Interactive Inc (NASDAQ:PTON) decreased during the last reporting period, falling from 59.95M to 59.57M. This put 18.72% of the company's publicly available shares short.
Short interest for Peloton Interactive gives investors a sense of the degree to which investors are betting on the decline of Peloton Interactive's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 14.66M shares traded per day, it would take 4.06 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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