How Is The Market Feeling About Amkor Tech?
Portfolio Pulse from Benzinga Insights
Amkor Technology (NYSE:AMKR) has seen a 3.51% increase in its short percent of float, now at 2.95%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.71%.
September 13, 2024 | 4:30 pm
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Amkor Technology's short interest has increased by 3.51%, reaching 2.95% of its float. This suggests a rise in bearish sentiment, but it remains below the peer average of 6.71%.
The increase in short interest suggests that investors are becoming more bearish on Amkor Technology. However, since the short interest is still below the peer average, the bearish sentiment might not be as strong as it could be. This could lead to short-term downward pressure on the stock price.
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