(LSCC) - Analyzing Lattice Semiconductor's Short Interest
Portfolio Pulse from Benzinga Insights
Lattice Semiconductor (NYSE:LSCC) has seen a 4.03% increase in short interest, now at 12.65% of its float, indicating a bearish market sentiment. With 13.14 million shares sold short and a 6.79-day average to cover, it's important for traders to note the heightened short activity. Compared to its peers, LSCC has a significantly higher short interest, suggesting more bearish sentiment towards it than its industry counterparts.
April 02, 2024 | 1:45 pm
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Lattice Semiconductor's short interest has increased, indicating a bearish market sentiment towards the stock.
The increase in short interest suggests that investors are more bearish on LSCC, potentially leading to downward pressure on the stock price in the short term. Given the significant rise in short interest compared to its peers, this indicates a stronger bearish sentiment specifically towards LSCC.
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