Looking Into Skyworks Solutions's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Skyworks Solutions (NYSE:SWKS) has seen a decrease in short interest, now at 3.04% of its float, lower than its peer group average of 3.43%. This reduction from 4.30 million shares suggests a more bullish sentiment among investors. The current short interest represents a 1.76-day average trading volume to cover.
February 22, 2024 | 7:00 pm
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Skyworks Solutions has experienced a decrease in short interest, indicating a potentially more bullish sentiment among investors.
A decrease in short interest typically suggests that investors are becoming more bullish on a stock. For Skyworks Solutions, this reduction in short interest could imply an expectation of positive performance in the near term, potentially leading to an increase in stock price.
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