Shorts Action: After Reaching Milestone, Is Alpha and Omega Semiconductor Light (NASDAQ:AOSL)’s Short Interest Revealing Something?

November 24, 2016 - By kentuckypostne   ·   0 Comments

Shorts Action: After Reaching Milestone, Is Alpha and Omega Semiconductor Light (NASDAQ:AOSL)’s Short Interest Revealing Something?

The stock of Alpha and Omega Semiconductor Light (NASDAQ:AOSL) registered an increase of 12.28% in short interest. AOSL’s total short interest was 333,700 shares in November as published by FINRA. Its up 12.28% from 297,200 shares, reported previously. With 83,200 shares average volume, it will take short sellers 4 days to cover their AOSL’s short positions. The short interest to Alpha and Omega Semiconductor Light’s float is 1.82%. The stock decreased 1.44% or $0.33 on November 23, hitting $22.57. About 62,790 shares traded hands. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 69.19% since April 22, 2016 and is uptrending. It has outperformed by 63.78% the S&P500.

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The company has a market cap of $536.32 million. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. It has a 235.55 P/E ratio. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits .

Insitutional Activity: The institutional sentiment increased to 2.28 in Q2 2016. Its up 1.03, from 1.25 in 2016Q1. The ratio is positive, as 8 funds sold all Alpha and Omega Semiconductor Ltd shares owned while 28 reduced positions. 10 funds bought stakes while 35 increased positions. They now own 12.66 million shares or 6.58% less from 13.55 million shares in 2016Q1.
First Quadrant L P Ca holds 64,500 shares or 0.02% of its portfolio. Blackrock Fund Advsrs holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 472,503 shares. Tiaa Cref Invest Mgmt Ltd Com last reported 0% of its portfolio in the stock. Schwab Charles Inv Mngmt Inc reported 28,000 shares or 0% of all its holdings. Federated Investors Pa, a Pennsylvania-based fund reported 17,821 shares. Manufacturers Life The last reported 0% of its portfolio in the stock. Fmr Limited Liability reported 612,977 shares or 0% of all its holdings. Blackrock Mngmt Ltd Limited Liability Company last reported 78,996 shares in the company. Pnc Svcs Incorporated owns 3,161 shares or 0% of their US portfolio. Prudential Finance, a New Jersey-based fund reported 118,245 shares. Sensato Investors Limited Co accumulated 0.21% or 92,878 shares. Jacobs Levy Equity Mgmt Inc holds 0.01% or 21,641 shares in its portfolio. The New York-based Citigroup has invested 0% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Eam Invsts Limited Liability owns 206,170 shares or 0.43% of their US portfolio. Vanguard Group has invested 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL).

Insider Transactions: Since July 1, 2016, the stock had 0 buys, and 10 insider sales for $4.77 million net activity. Chang Mike F sold $1.13M worth of stock or 50,000 shares. Shares for $85,440 were sold by Chang Daniel Kuang Ming. Ho Yueh-Se had sold 36,971 shares worth $763,429. Liang Yifan also sold $278,976 worth of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) on Thursday, August 11.

Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Ratings Coverage

Out of 5 analysts covering Alpha and Omega Semiconductor (NASDAQ:AOSL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. $26 is the highest target while $8.50 is the lowest. The $16.17 average target is -28.36% below today’s ($22.57) stock price. Alpha and Omega Semiconductor has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was downgraded by TheStreet on Saturday, August 29 to “Hold”. The firm earned “Outperform” rating on Thursday, February 4 by Northland Capital. B. Riley & Co maintained Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) on Thursday, February 4 with “Neutral” rating. Sidoti initiated the stock with “Buy” rating in Monday, January 11 report. B.riley maintained Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) rating on Wednesday, September 28. B.riley has “Buy” rating and $26 price target. The stock has “Hold” rating given by Stifel Nicolaus on Friday, August 7. B. Riley & Co maintained it with “Neutral” rating and $8.50 target price in Wednesday, August 12 report. B. Riley & Co upgraded the shares of AOSL in a report on Thursday, August 11 to “Buy” rating. The firm has “Neutral” rating by Sidoti given on Thursday, March 17.

AOSL Company Profile

Alpha and Omega Semiconductor Limited, incorporated on September 27, 2000, is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Firm sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Firm conducts its activities primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan.

More recent Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) news were published by: Marketwatch.com which released: “Alpha & Omega Semiconductor stock price target raised to $20.50 from $12.50 at …” on April 29, 2010. Also Quotes.Wsj.com published the news titled: “News Alpha & Omega Semiconductor Inc.AOSL” on February 11, 2011. Zacks.com‘s news article titled: “Others Overlooked Alpha amp; Omega Semiconductor (AOSL), Should You Buy It Now?” with publication date: November 11, 2016 was also an interesting one.

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