Microchip Technology Stock Sees Short Interest Drop 11.2%

The most recent short interest data has been released for the 04/15/2016 settlement date, which shows a 2,820,642 share decrease in total short interest for Microchip Technology Inc (NASD: MCHP), to 22,277,480, a decrease of 11.24% since 03/31/2016. 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...