Peering Into Taiwan Semiconductor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor's (NYSE:TSM) short percent of float has fallen 14.29% since its last report, with 12.31 million shares sold short, which is 0.24% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Taiwan Semiconductor has less short interest as a percentage of float, with an average of 3.69%.
September 08, 2023 | 1:00 pm
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Decrease in short interest could indicate a more bullish sentiment towards Taiwan Semiconductor. The company has less short interest compared to its peers.
Short interest is a measure of market sentiment towards a particular stock. A decrease in short interest can signal a more bullish sentiment, which could potentially lead to an increase in the stock's price. Taiwan Semiconductor's short interest has decreased, and it has less short interest compared to its peers, which could be a positive sign for the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100