Looking Into Taiwan Semiconductor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor's (NYSE:TSM) short percent of float has risen 3.85% since its last report, with 13.97 million shares sold short, which is 0.27% of all regular shares available for trading. It would take traders 1.64 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.92%.
August 04, 2023 | 3:24 pm
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Increased short interest in Taiwan Semiconductor could indicate bearish market sentiment, but it's less than its peer group average.
The increase in short interest could indicate a bearish sentiment towards Taiwan Semiconductor. However, the company's short interest is less than its peer group average, which could mean that it's performing better than its peers in the eyes of investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100