Peering Into Broadcom’s Recent Short Interest – Broadcom (NASDAQ:AVGO)

Peering Into Broadcom’s Recent Short Interest – Broadcom (NASDAQ:AVGO)

Broadcom’s AVGO short percent of float has risen 12.8% since its last report. The company recently reported that it has 57.39 million shares sold short, which is 1.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.19 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…

Article Source
https://www.benzinga.com/insights/short-sellers/25/03/44335123/peering-into-broadcoms-recent-short-interest

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