The most recent short interest data has been released for the 01/31/2018 settlement date, which shows a 2,445,725 share decrease in total short interest for Vishay Intertechnology, Inc. (VSH - Get Report), to 20,347,021, a decrease of 10.73% since 01/12/2018. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days (at the average volume) it would take to close out all of the open short positions if every share traded represented a short position being closed. Average daily volume for VSH at the 01/31/2018 settlement increased to 1,246,925, as compared to 1,157,621 at the 01/12/2018 report. That brought "days to cover" down to 16.32, a 17.12% decrease from the 19.69 days to cover calculated at the previous short interest data release.The below chart shows the historical "days to cover" for VSH at previous short interest release dates: A decreased "days to cover" value could indicate that short sellers are no longer expecting the same decline in stock price they once were, or it could also indicate a long bet elsewhere was closed where VSH had been shorted as a hedge. The chart below shows the one year performance of VSH shares, versus its 200 day moving average. Looking at this chart, VSH's low point in its 52 week range is $15.401 per share, with $23.85 as the 52 week high point — that compares with a last trade of $17.27. According to the ETF Finder at ETF Channel, VSH makes up 2.33% of the PowerShares Dynamic Semiconductors Portfolio ETF (PSI) which is lower by about 0.9% on the day Tuesday.
More from Stocks
Microsoft Gains on Solid Results and Guidance: 10 Key Takeaways
The software giant beat estimates with the help of strong corporate demand for a number of different products and services. And it struck an upbeat tone about the upcoming fiscal year.
Replay: Jim Cramer on Netflix's Earnings, and His Three Keys for Earnings Season
Jim Cramer breaks down what investors need to know when it comes to Netflix, earnings season and how he's looking at the markets.
Amazon Prime Day Sales Topped $7 Billion: Internet Retailer
An early analysis by Internet Retailer estimates that Amazon's 48-hour Prime Day event hit $7.16 billion in sales, surpassing an earlier estimate of more than $6 billion.
Combative Hearings for Facebook's Libra Suggest Project Could Face Long Delays
After the contentious series of hearings, Rep. Maxine Waters and others said that Facebook CEO Mark Zuckerberg should be called to testify on plans for the cryptocurrency.
The 3 Things Jim Cramer Must See Before He'll Buy An Expensive Stock
Anything with a high P/E must have a large total addressable market, the ability to scale up its business and a wide 'moat.' One stock that fits the bill: Mastercard.