Short Interest Change: How Analysts Feel About Taiwan Semiconductor Manufacturi (NYSE:TSM) After Increase in Sellers?

November 18, 2016 - By Richard Conner   ·   0 Comments

Short Interest Change: How Analysts Feel About Taiwan Semiconductor Manufacturi (NYSE:TSM) After Increase in Sellers?

The stock of Taiwan Semiconductor Manufacturi (NYSE:TSM) registered an increase of 15.84% in short interest. TSM’s total short interest was 28.97 million shares in November as published by FINRA. Its up 15.84% from 25.01M shares, reported previously. With 7.18M shares average volume, it will take short sellers 4 days to cover their TSM’s short positions. The short interest to Taiwan Semiconductor Manufacturi’s float is 0.6%. The stock closed at $29.47 during the last session. It is down 15.57% since April 18, 2016 and is uptrending. It has outperformed by 11.14% the S&P500.

Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan firm principally engaged in the manufacture and sales of integrated circuits and semiconductors. The company has a market cap of $145.39 billion. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks. It has a 15.91 P/E ratio. The Company’s circuit products are applied in personal computers and ancillary products, information applications, communication products, automotive and industrial equipments and consumer electronic products.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) Ratings Coverage

Out of 5 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 20% are positive. Taiwan Semiconductor Manufacturing has been the topic of 8 analyst reports since August 24, 2015 according to StockzIntelligence Inc. The stock of Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) earned “Hold” rating by HSBC on Thursday, October 13. The rating was upgraded by Susquehanna on Tuesday, October 4 to “Neutral”. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, June 28 report. Credit Suisse upgraded the stock to “Outperform” rating in Friday, December 11 report. Pacific Crest upgraded the stock to “Sector Weight” rating in Friday, October 14 report.

TSM Company Profile

Taiwan Semiconductor Manufacturing Company Limited, incorporated on February 21, 1987, is a foundry, which makes semiconductors using its manufacturing processes for its clients based on their own or third parties’ integrated circuit designs. The Firm offers a range of wafer fabrication processes, including processes to manufacture complementary metal oxide silicon (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar complementary metal oxide silicon (BiCMOS) mixed-signal and other semiconductors. It operates through the foundry segment, which engages mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. The Firm also has other operating divisions, which engage in the researching, developing, designing, manufacturing and selling of solid state lighting devices and renewable energy and efficiency related technologies and products. The Firm also offers design, bumping, probing, and assembly and testing services.

More news for Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) were recently published by: Marketwatch.com, which released: “Taiwan Semiconductor upgraded to sector weight from underweight at Pacific Crest” on July 30, 2009. Fool.com‘s article titled: “3 Things Taiwan Semiconductor Mfg. Co. Ltd (ADR) Management Wants You to Know” and published on November 02, 2015 is yet another important article.

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By Richard Conner


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