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Short interest in Lyft Inc (NASDAQ:LYFT) increased during the last reporting period, rising from 46.14M to 50.47M. This put 14.6% of the company's publicly available shares short.
Short interest for Lyft gives investors a sense of the degree to which investors are betting on the decline of Lyft's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 22.73M shares traded per day, it would take 2.22 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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