Peering Into Monolithic Power Systems's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems (NYSE:MPWR) has seen a 42.8% increase in short interest, now at 3.87% of its float. This indicates a bearish sentiment among investors, although it is still below the peer group average of 4.86%.
June 24, 2024 | 2:45 pm
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Monolithic Power Systems has experienced a significant increase in short interest, rising by 42.8% to 3.87% of its float. This suggests a growing bearish sentiment among investors, although the short interest is still below the peer group average of 4.86%.
The significant increase in short interest indicates that investors are becoming more bearish on MPWR. This could lead to downward pressure on the stock price in the short term, although the short interest is still below the peer average, which may mitigate some of the negative impact.
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