How Is The Market Feeling About Lattice Semiconductor?
Portfolio Pulse from Benzinga Insights
Lattice Semiconductor (NYSE:LSCC) has seen a 4.82% rise in short interest since the last report, with 12.29 million shares sold short, representing 11.74% of available shares. It would take about 3.97 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Lattice has a higher short interest than its peer group average of 3.26%.
December 08, 2023 | 2:00 pm
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Lattice Semiconductor's short interest has increased, which may indicate bearish sentiment among investors. However, this does not necessarily mean the stock price will fall in the short term.
While the rise in short interest suggests that some investors are expecting the stock price to decline, it is not a definitive predictor of short-term price movement. The market's reaction to short interest can be complex, and sometimes an increase in short interest can lead to a short squeeze, pushing the price up if the stock moves contrary to short sellers' expectations.
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