How Is The Market Feeling About Micron Technology?
Portfolio Pulse from Benzinga Insights
Micron Technology's (NYSE:MU) short percent of float has fallen 4.37% since its last report, indicating a more bullish sentiment towards the stock. The company has 19.08 million shares sold short, which is 1.75% of all regular shares available for trading. Compared to its peers, Micron Technology has less short interest.
September 15, 2023 | 2:30 pm
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Decrease in short interest indicates a more bullish sentiment towards Micron Technology, which could potentially lead to a rise in its stock price.
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. A decrease in short interest can signal that investors have become more bullish, which could potentially lead to a rise in the stock's price.
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