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MACOM Tech's short interest fell 14.9% in February, despite missing Q4 earnings estimates.
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) saw short interest drop 14.9% in February, to 1,940,000 shares.
The company reported $0.40 earnings per share for the quarter, falling short of the $0.78 analyst estimate.
Despite this, analysts predict a 2.43 earnings per share for the current year, with a $131.50 average price target.
The company has a market cap of $8.17 billion and a PE ratio of -76.33.
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El interés corto de MACOM Tech cayó un 14,9% en febrero, a pesar de las estimaciones de ganancias del Q4.