(LRCX) - Analyzing Lam Research's Short Interest
Portfolio Pulse from Benzinga Insights
Lam Research's short interest has decreased by 17.44%, with 2.10 million shares sold short, representing 1.61% of its float. This is lower than the peer average of 6.68%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
August 19, 2024 | 7:30 pm
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Lam Research's short interest has decreased by 17.44%, with 2.10 million shares sold short, representing 1.61% of its float. This is lower than the peer average of 6.68%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
The decrease in short interest suggests that investors are less bearish on Lam Research compared to its peers, which could lead to a positive impact on the stock price. The lower short interest relative to peers indicates a potential shift in market sentiment towards a more bullish outlook.
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