Actionable news
All posts from Actionable news
Actionable news in INTC: Intel Corporation,

Major Semiconductor Short Interest Continues to Slide

The short interest data have come out for the November 15 settlement date. It is important to note that semiconductor trends are considered to be leading indicators of technology and broader electronics demand. A strong rally in the tech sector largely pushed many of these companies to new highs, as the Dow and S&P have both hit new all-time highs.

The November 15 short interest data have been compared with the previous report. Short interest decreased for the most part in these selected semiconductor stocks.

Intel Corp. (INTC) saw its short...