Is Nvidia stock seeing heavy short interest?

Core Viewpoint - Nvidia's stock experienced a notable decline despite a strong quarterly report, raising questions about market sentiment and future performance [1][11]. Stock Performance - Nvidia shares retreated 6.48% over the last five sessions, closing at $135.46 [2][3]. - The stock has seen a significant increase of 731.84% over the last two years, indicating high market expectations [12]. Short Interest Analysis - Short interest in Nvidia shares was at 38.94 on November 27, near its 10-day lows, suggesting a lack of bearish sentiment among traders [4][5]. - The short interest increased from 245 million on October 31 to 276 million on November 15, indicating fluctuating trader sentiment [8][10]. Market Sentiment - The lack of significant short positions may be attributed to the dissonance between Nvidia's earnings reports and market expectations, as the company beat most forecasts despite slightly below bullish guidance [11]. - The recent downtrend in stock price may be a correction rather than a sign of deeper issues, with a potential pullback to $130 being possible but not likely unless external shocks occur [12][13]. Future Outlook - Nvidia's next quarterly results, scheduled for February 2, 2025, will be crucial in determining the stock's direction, especially in light of potential economic policy changes [14].