(TXN) - Analyzing Texas Instruments's Short Interest
Portfolio Pulse from Benzinga Insights
Texas Instruments's (NYSE:TXN) short percent of float has risen 9.38% since its last report, with 15.85 million shares sold short, which is 1.75% of all regular shares available for trading. It would take traders 3.86 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average at 4.85%.
August 04, 2023 | 3:23 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The rise in short interest in Texas Instruments could indicate a bearish sentiment among investors. However, the company has less short interest than most of its peers, which could be a positive sign.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. An increase in short interest can signal that investors have become more bearish, while a decrease can signal they have become more bullish. In the case of Texas Instruments, the short interest has increased, which could indicate a bearish sentiment. However, the company has less short interest than most of its peers, which could be a positive sign.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100