How Is The Market Feeling About Texas Instruments?
Portfolio Pulse from Benzinga Insights
Texas Instruments's (NYSE:TXN) short percent of float has fallen 13.98% since its last report, indicating a more bullish sentiment towards the stock. The company has 14.51 million shares sold short, which is 1.6% of all regular shares available for trading. Compared to its peers, Texas Instruments has less short interest, with an average of 4.78% for its peer group.
July 19, 2023 | 2:30 pm
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The decrease in short interest in Texas Instruments indicates a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's 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, potentially leading to an increase in the stock's price. Texas Instruments's short percent of float has fallen 13.98% since its last report, indicating a more bullish sentiment towards the stock.
CONFIDENCE 80
IMPORTANCE 75
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