(LRCX) - Analyzing Lam Research's Short Interest
Portfolio Pulse from Benzinga Insights
Lam Research's short interest has increased significantly, with 29.34 million shares sold short, representing 2.27% of its float. This rise in short interest, although lower than its peers, indicates a bearish sentiment among investors.
October 28, 2024 | 6:45 pm
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Lam Research's short interest has increased by 808%, with 29.34 million shares shorted, representing 2.27% of its float. This indicates a bearish sentiment, although the short interest is lower than its peers.
The significant increase in short interest suggests that investors are becoming more bearish on Lam Research. Although the short interest is lower than its peers, the sharp rise could lead to downward pressure on the stock price in the short term.
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