Looking Into Taiwan Semiconductor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor's (NYSE:TSM) short percent of float has risen 3.7% since its last report, with 14.73 million shares sold short, which is 0.28% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Taiwan Semiconductor has less short interest as a percentage of float, with an average of 4.53%.
August 21, 2023 | 1:30 pm
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The increase in short interest in Taiwan Semiconductor could indicate a bearish sentiment among investors. However, its short interest is less than the average of its peers.
The rise in short interest indicates that more investors are betting that the price of Taiwan Semiconductor's stock will fall. This could put downward pressure on the stock price in the short term. However, the fact that its short interest is less than its peers could indicate that it is less likely to fall than other similar stocks.
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