Alpha and Omega Semiconductor Light (NASDAQ:AOSL) Shorted Shares Increased By 4.66%


The stock of Alpha and Omega Semiconductor Light (NASDAQ:AOSL) registered an increase of 4.66% in short interest. AOSL’s total short interest was 255,800 shares in September as published by FINRA. Its up 4.66% from 244,400 shares, reported previously. With 234,200 shares average volume, it will take short sellers 1 days to cover their AOSL’s short positions. The short interest to Alpha and Omega Semiconductor Light’s float is 1.42%. About 161,165 shares traded hands. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 96.60% since February 8, 2016 and is uptrending. It has outperformed by 80.12% 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 $473.84 million. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. It currently has negative earnings. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits .

The institutional sentiment decreased to 1.25 in Q2 2016. Its down 1.40, from 2.65 in 2016Q1. The ratio dropped, 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.

Gagnon Advisors Llc holds 4.93% of its portfolio in Alpha and Omega Semiconductor Ltd for 410,949 shares. True Bearing Asset Management Lp owns 42,324 shares or 3.11% of their US portfolio. Moreover, Eam Investors Llc has 0.43% invested in the company for 206,170 shares. The California-based Sensato Investors Llc has invested 0.21% in the stock. Spark Investment Management Llc, a New York-based fund reported 121,000 shares.

Out of 3 analysts covering Alpha and Omega Semi (NASDAQ:AOSL), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Alpha and Omega Semi has been the topic of 5 analyst reports since January 11, 2016 according to StockzIntelligence Inc. B. Riley & Co upgraded the stock on August 11 to “Buy” rating.

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