Looking Into Monolithic Power Systems's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems (NYSE:MPWR) has seen a 24.43% decrease in its short percent of float, now at 3.65%. This is lower than its peers' average of 4.15%. The decrease in short interest may indicate a more bullish sentiment among investors.
August 20, 2024 | 8:30 pm
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Monolithic Power Systems has experienced a significant decrease in short interest, which is now below the average of its peers. This could indicate a shift towards a more bullish sentiment among investors.
The decrease in short interest suggests that fewer investors are betting against the stock, which can be interpreted as a positive signal. Additionally, MPWR's short interest is lower than its peers, further indicating a potentially bullish outlook.
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