Semiconductor industry has long been regarded as a contributor in the growth of economy, especially now that it also drives the growth of other industries. Though highly demanded, the semiconductor industry still undergoes trend fluctuations throughout the years. The higher income due to unpredictability of higher standard market is still counteracted by short interest investors’ greater deprivations.
Applied Materials Inc. (AMAT) had a 72.7 million shares short interest decline from its previous rate at 75.8 million. The stocks trading low closed at $14.85, and the contrary is $23.46. AMAT also have to cover more than six days.
Advanced Micro Devices Inc. (AMD) had 139.9 million apportions short interest decline. The short interest fall is a change from $153 million in the former time span. AMD shares fell within the $3.04 and $4.80 range in 52 weeks. The firm now has 4.8 days to cover.
SanDisk Corp. (SNDK) had a short interest decline and ended to 105 million shares. Its mid-August record fell from its 17.9 million register. Almost six days of coverage is necessitated from SNDK. Its 52 weeks share value ended at $98.54. The same period marked stocks trading low of $53.80 and the counterpart at $108.77.
Intel Corp. (INTC) had an interest data fall from 135.3 million to 125.6 million apportions. Its 52-week period low closed at $27.12 two months ago and at $35.20 recently.
Micron Technology Inc. (MU) experienced a fall from 125 million last July 31 to 105 million shares. MU has a high of $34.85 and counterbalance of low at $13.06.
The data simply implied semiconductor stocks still experience wavering trend over time despite great demand.