How Is The Market Feeling About Lattice Semiconductor?
Portfolio Pulse from Benzinga Insights
Lattice Semiconductor (NYSE:LSCC) has seen a 7.26% increase in its short percent of float, now at 9.31%. This indicates a bearish sentiment among investors, as it would take traders 5.03 days to cover their short positions. LSCC's short interest is higher than its peers, whose average is 4.50%.
July 25, 2024 | 7:30 pm
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Lattice Semiconductor's short percent of float has increased by 7.26%, now at 9.31%, indicating a bearish sentiment. It would take traders 5.03 days to cover their short positions, which is higher than the peer group average of 4.50%.
The increase in short interest suggests that investors are bearish on LSCC, which could lead to downward pressure on the stock price in the short term. The higher-than-average short interest compared to peers further supports this sentiment.
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