Peering Into Broadcom Inc's Recent Short Interest

Benzinga · Nov 7 21:00

Broadcom Inc's(NYSE:AVGO) short interest as a percent of float has fallen 3.05% since its last report. According to exchange reported data, there are now52.63 million shares sold short, which is 1.27% of all regular shares that are available for trading. Based on its trading volume,it would take traders 2.31 days to cover their short positions on average.

Why Short Interest Matters

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the...

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