[cnxvideo id=”655422″ placement=”ros”]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 are both trading near all-time highs.
The January 13 short interest data have been compared with the previous report. Short interest moves were mixed in these selected semiconductor stocks.
Intel Corp. (NASDAQ: INTC) saw its short interest decrease to 76.05 million shares. The previous level was 79.38 million. Shares were last seen at $37.80, in a 52-week trading range of $27.68 to $38.36.
The number of Advanced Micro Devices Inc. (NASDAQ: AMD) shares short remained flat at 88.62 million shares. Shares recently traded at $10.48, in a 52-week range of $1.81 to $12.42. Note that like Intel and Micron, AMD is one of the most shorted Nasdaq stocks.
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Qualcomm Inc. (NASDAQ: QCOM) saw the number of its shares short fall to 13.76 million, compared to the 14.34 million reported in the previous period. Shares were changing hands at $53.87, in a 52-week range of $42.24 to $71.62.
Short interest in Applied Materials Inc. (NASDAQ: AMAT) dropped to 13.54 million shares. The previous reading was 13.94 million. Shares were trading at $34.16, in a 52-week range of $15.44 to $34.83.
Micron Technology Inc. (NASDAQ: MU) saw its short interest increase to 59.55 million shares from the previous reading of 55.14 million. Shares were trading at $23.62, in a 52-week range of $9.35 to $23.98.
And the short interest in Broadcom Ltd. (NASDAQ: AVGO) increased to 3.76 million shares in the period, from the previous 3.22 million. Shares were last seen at $202.91, in a 52-week range of $114.25 to $204.61.
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