Staring at Teradyne’s recent short-term interest-TERADYNE (Nasdaq: Ter)

Teradyne’s TER Since the last report, Float’s short percentage has dropped by 6.17 %. The company recently reported 6.58 million shares for saleIt is 4.56 % of all conventional shares used for transactions. According to its transaction volume, It takes 3.06 days to cover the short position of traders.

Why is short benefit important

The short -term interest is the number of shares that have been sold but have not been sold or closed. Selling short is when traders sell their stocks that they do not have a company, they hope the price will fall. If the price of the stock falls, traders make money from short sales, and if the stock rises, it will make money.

Short interest is important for tracking because it can act as indicators for market emotions for specific stocks. The increase in short -term interest may indicate that investors have become more declining, and the reduction of short -term interest may indicate that they have become more up.

See: The shortest stock list

Teradyne short interest chart (3 months)

It can be seen from the above chart that the percentage of stocks sold by Teradyne sold by Teradyne has declined since the last report. This does not mean that stocks will rise in the near future, but traders should realize that fewer shares are shortened.

Compare the short interest between Teraadyne and peers

Pass comparison is a popular technology for analysts and investors to measure the company’s performance. The company’s counterparts are similar companies with similar characteristics such as industry, scale, age, and financial structure. You can find the company’s peer group by reading 10-K, an agent application or your own similarity analysis.

According to Benzinga Pro data, the average short -term interest rate of TERADYNE’s peer group is 9.0 0 %, which means that the company has ownership Less Better interest than most peers.

Do you know that the shorter and shorter interest may actually be Look up stock? This article of Benzinga Money explains how you profit from it.

This article is generated by the automatic content engine of Benzinga and was reviewed by the editor.