(TSM) - Analyzing Taiwan Semiconductor's Short Interest
Portfolio Pulse from Benzinga Insights
Taiwan Semiconductor (NYSE:TSM) has seen a 29.03% increase in its short percent of float since the last report, with 20.52 million shares sold short, representing 0.4% of available shares. This indicates a bearish market sentiment but does not necessarily predict a near-term price fall. Compared to its peers, TSM has a lower short interest percentage of float at 3.90%, suggesting less bearish sentiment among its peer group.
March 12, 2024 | 8:30 pm
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Taiwan Semiconductor's short interest has increased, indicating a bearish sentiment but remains lower than its peers.
The increase in short interest suggests a bearish sentiment towards TSM, but the fact that it's lower than its peers' average could indicate relative strength or resilience in the market's view. The short-term impact is neutral as the article does not predict a direct price fall but highlights increased shorting activity.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100