(MPWR) - Analyzing Monolithic Power Systems's Short Interest
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems's (NYSE:MPWR) short percent of float has fallen 6.84% since its last report, with 1.51 million shares sold short, which is 4.22% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, compared to its peers, Monolithic Power Systems has a higher short interest as a percentage of float (3.52%).
September 06, 2023 | 8:30 pm
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Decrease in short interest could indicate a more bullish sentiment towards Monolithic Power Systems. However, its higher short interest compared to peers could be a concern.
A decrease in short interest usually indicates a more bullish sentiment towards a stock. However, Monolithic Power Systems has a higher short interest compared to its peers, which could be a concern for investors.
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