(MTSI) - Analyzing MACOM Technology Solns's Short Interest
Portfolio Pulse from Benzinga Insights
MACOM Technology Solutions (NYSE:MTSI) has seen a 4.08% decrease in its short percent of float, now at 7.05%. This is higher than its peers' average of 4.12%. It would take traders 6.38 days to cover short positions. A decrease in short interest can indicate a more bullish sentiment.
August 27, 2024 | 5:00 pm
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MACOM Technology Solutions has experienced a 4.08% decrease in short interest, now at 7.05% of float, which is higher than its peers' average. This could indicate a shift towards a more bullish sentiment.
The decrease in short interest suggests a potential shift in market sentiment towards MACOM Technology Solutions, possibly indicating a more bullish outlook. The short interest is still higher than peers, which could attract attention from investors looking for short squeeze opportunities.
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