Short Interest in Amplitude, Inc. (NASDAQ:AMPL) Grows By 8.5%

Short interest in Amplitude, Inc. (NASDAQ: AMPL) has grown by 8.5% in the last quarter, according to recent data from the Financial Industry Regulatory Authority (FINRA). This represents an increase of approximately 107,000 shares from the previous quarter's short interest level of 1.2 million shares.

Amplitude is a software company that provides analytics and machine learning solutions for businesses. The company's products are used by organizations in various industries such as finance, healthcare, and technology. Amplitude has been experiencing growth in recent years, with its revenue increasing by 50% year-over-year in the third quarter of 2021.

Short interest is a measure of the number of shares that have been borrowed by investors who believe that the stock's price will decline in the near future. While short interest can be an indicator of market sentiment, it does not necessarily reflect the underlying fundamentals of a company. It's important to note that short interest can also be influenced by various factors such as news events, earnings reports, and regulatory changes.

Investors should consider conducting their own research and analysis before making any investment decisions based on short interest data. Additionally, it's important to remember that past performance is not a guarantee of future results, and all investments carry some level of risk.