Peering Into Lam Research's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lam Research's (NYSE:LRCX) short percent of float has fallen 10.17% since its last report, with 2.80 million shares sold short, which is 2.12% of all regular shares available for trading. It would take traders 2.79 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.29%.
September 11, 2023 | 3:00 pm
News sentiment analysis
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Decrease in short interest in Lam Research indicates a more bullish sentiment among traders.
A decrease in short interest usually indicates that traders are less bearish on the stock, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100