Peering Into Lam Research's Recent Short Interest
Portfolio Pulse from Benzinga Insights
Lam Research's short interest has decreased by 14.14%, with 2.20 million shares sold short, representing 1.7% of its float. This is lower than its peers' average of 6.87%. The decrease in short interest may indicate a more bullish sentiment towards the stock.
October 08, 2024 | 7:15 pm
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Lam Research's short interest has decreased by 14.14%, indicating a potential shift towards a more bullish sentiment. The current short interest is 1.7% of the float, which is significantly lower than the peer group average of 6.87%.
The decrease in short interest suggests that fewer investors are betting against Lam Research, which could indicate a more positive outlook on the stock. Additionally, the short interest is significantly lower than its peers, which may further support a bullish sentiment.
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IMPORTANCE 70
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