Super Micro Computer sees short interest drop to 21.29% of shares available for trading

Super Micro Computer's short interest has decreased by 5.75%, with 95.04 million shares sold short, representing 21.29% of its available shares. It would take an average of 1.61 days for traders to cover these positions. Short interest indicates the number of shares sold short but not yet repurchased. A decrease in short interest may suggest a more positive market sentiment towards the stock. Compared to its peers, Super Micro has a higher short interest percentage, with an average of 6.05% among similar companies. This indicates that more investors are betting against Super Micro than against its competitors.