Microsoft Short Interest Hits Highest Level Since 2015 as Bears Dig in Ahead of Earnings

Microsoft Short Interest Hits Highest Level Since 2015 as Bears Dig in Ahead of Earnings

Microsoft (NASDAQ:MSFT) stock is moving ahead of earnings. S3 also flagged that almost no short covering has occurred heading into the report, meaning bearish traders are staying put rather than trimming positions before Wednesday’s after-the-bell release. The stock has struggled regardless, off more than 18% for the year overall and trailing the S&P 500 by roughly 25 percentage points. Experts Weigh In Microsoft itself set the stage for that worry in April, when it guided to roughly $190 billion in capital expenditures and finance leases for the year — including about $25 billion tied to pricier components as AI chip demand squeezed memory supply. Not everyone is convinced the AI bet is souring. Citizens’ Patrick Walravens argues CEO Satya Nadella ‘s “AI sovereig...