How Is The Market Feeling About Taiwan Semiconductor?
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor's (NYSE:TSM) short percent of float has risen 8.33% since its last report, with 13.43 million shares sold short. This represents 0.26% of all regular shares available for trading. An increase in short interest can indicate a bearish market sentiment. However, Taiwan Semiconductor's short interest as a percentage of float is less than its peer group average of 3.62%.
September 25, 2023 | 4:00 pm
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Increased short interest in Taiwan Semiconductor could indicate a bearish sentiment, potentially impacting the stock negatively in the short term. However, its lower short interest compared to peers may mitigate this impact.
Short interest is a measure of market sentiment. An increase in short interest can indicate that investors expect the stock's price to fall. However, Taiwan Semiconductor's short interest is lower than its peer group average, which could indicate less bearish sentiment compared to its peers.
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IMPORTANCE 75
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