Technology

Short Interest Rises in Major Semiconductors in May

Chris Lange

Published: May 25, 2016 8:35 am

Last Updated: January 13, 2020 7:36 am

The short interest data have come out for the May 13 settlement date. It is important to note that semiconductor trends are considered to be leading indicators of technology and broader electronics demand.

The May 13 short interest data have been compared with the previous report. On the broad scope, short interest moves increased in these selected semiconductor stocks.

Intel Corp. (NASDAQ: INTC) saw its short interest increase to 81.29 million shares. The previous level was 78.80 million. Shares closed Tuesday at $31.06, in a 52-week trading range of $24.87 to $35.59.

Advanced Micro Devices Inc. (NASDAQ: AMD) had a short interest decrease to 84.63 million shares. The previous level was 91.08 million, and it compared to the late July level of 157.66 million, easily the highest in the past 52 weeks. Shares of AMD closed Tuesday at $4.20, in a 52-week range of $1.61 to $4.21.

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