Nvidia short interest down 18% YTD, while stock up 91%: S3 Partners

NEW YORK: Short interest in Nvidia Corp. is down by 7.04 million shares, or 18%, for the year to date, while the stock is up about 91% so far this year, according to S3 Partners.

Short interest is currently 1.32% of the float, the lowest level since October 2022, the firm wrote Wednesday.