Looking Into Texas Instruments's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Texas Instruments's (NYSE:TXN) short percent of float has fallen 8.82% since its last report, with 16.87 million shares sold short, which is 1.86% of all regular shares available for trading. It would take traders 3.78 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.77%.
July 03, 2023 | 3:01 pm
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The decrease in short interest in Texas Instruments could indicate a more bullish sentiment among investors, potentially leading to a positive impact on the stock price in the short term.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to a rise in the stock price.
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