Lattice Semiconductor Corporation (NASDAQ:LSCC) encountered a drop of 2.3% or -306,475 shares in the short positions. The number dropped from 13,639,943 on May 31,2016 to 13,333,468 on June 15,2016. The final interest is 12.3% of the floated stock. The days to cover figure of 13 can be arrived using the average daily exchange of 1,037,304 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Lattice Semiconductor Corporation (NASDAQ:LSCC): The stock opened at $5.59 on Friday but the bulls could not build on the opening and the stock topped out at $5.60 for the day. The stock traded down to $5.33 during the day, due to lack of any buying support eventually closed down at $5.41 with a loss of -7.36% for the day. The stock had closed at $5.84 on the previous day. The total traded volume was 4,052,299 shares.
The company shares have dropped -9.08% from its 1 Year high price. On Dec 29, 2015, the shares registered one year high at $7.07 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $5.61 and the 200 Day Moving Average price is recorded at $5.58.
Lattice Semiconductor Corporation (NASDAQ:LSCC) has tumbled 6.88% during the past week and has dropped 5.58% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 5.34%. Lattice Semiconductor Corporation (NASDAQ:LSCC) has underperformed the index by 2.73% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. The Company also provides design services, customer training, field engineering and technical support. The Company has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5, MachXO3, Power Manager II and iCE40; products under mainstream include ispMACH4000ZE, ispMACH 4000/Z, LatticeECP2/M, LatticeXP2, MachXO, ispClock A/D/S and Software and IP, and products under mature include ispXPLD, FPSC, ORCA 2, ORCA 3, ORCA 4, ispPAC, ispLSI 8000V, ispMACH 5000B, ispMACH 2LV, ispMACH 5LV, ispLSI 2000V, ispLSI 5000V, ispMACH 5000VG, 5-volt CPLDs, ispGDX2, GDX/V, ispMACH 4/LV, iCE65, ispClock, Power Manager I, SPLDs, LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.