Looking Into Taiwan Semiconductor's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor's (NYSE:TSM) short percent of float has fallen 7.69% since its last report, with 12.23 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 market sentiment towards the stock. Compared to its peers, Taiwan Semiconductor has less short interest, with an average of 3.71% for its peer group.
October 11, 2023 | 4:00 pm
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The decrease in short interest in Taiwan Semiconductor could indicate a more bullish sentiment towards the stock. This could potentially lead to an increase in the stock's price in the short term.
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 an increase in the stock's price.
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IMPORTANCE 75
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