The short interest data have come out for the April 15 settlement date. It is important to note that semiconductor trends are considered to be leading indicators of technology and broader electronics demand.
The April 15 short interest data have been compared with the previous report. On the broad scope, short interest moves were mixed in these semiconductor stocks.
Intel Corp. (NASDAQ: INTC) saw its short interest increase only slightly to 88.80 million shares. The previous level was 88.76 million. Shares closed Tuesday at $31.40, in a 52-week trading range of $24.87 to $35.59.
Advanced Micro Devices Inc. (NASDAQ: AMD) had a short interest decrease to 106.85 million shares. The previous level was 110.35 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 $3.66, in a 52-week range of $1.61 to $3.99.
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