Intel Corp (INTC)

[VeeCee]

Intel is not the only stock. All semi stocks have the same issue.
---------------
Aug 27, 2013
12:48 PM
Semiconductor Short Interest Rose in Early August
By Dimitra DeFotis

More traders and investors shorted semiconductors in the the two-week period ended August 15, according to the latest study by Credit Suisse.

Absolute short interest increased for roughly 51% of names versus 42% in the prior period. Semiconductor short interest as a percent of float increased 3 basis points to 3.79% from 3.76%, while days to cover increased to 4.10 days from 3.32 days. The early August short interest is above the 3-month average of 3.65%, the 6-month average of 3.62% and 12-month average of 3.56%.

To put that in perspective, short interest in the industry bottomed in November 2006 at 2.82% of float. It peaked in July 2008 at 6.01% of float.

Short interest as a percent of float increased for both Intel (INTC) (+0.9%) and Texas Instruments (TXN) (+9.6%). Otherwise, the most significant increases in short interest as a percent of float by company: Sandisk (SNDK) (+216.7%), Tessera Technologies (TSRA) (+56.4%), Marvel (MRVL) (+56.2%) and Altera (ALTR) (+30.5%).

The biggest decreases in short interest: Semtech (SMTC) (-34.7%), Broadcom (BRCM) (-31.3%), NXP Semiconductors (NXPI) (-29.6%) and Atmel (ATML) (-27.1%).

The Philadelphia Semiconductor Index (SOX) underperformed the Standard & Poor’s 500 index for the first half of August by 210 basis points, with the SOX down 3.55% versus the S&P decrease of 1.45%.
http://blogs.barrons.com/techtraderdaily/2013/08/27/semiconductor-short-interest-rose-in-early-august/