Fairchild Semiconductor International (FCS) : The traders have covered their outstanding shorts in Fairchild Semiconductor International (FCS) to the tune of -214,430 shares, a change of -10%. As on Jul 29, 2016, the outstanding shorts on the stock were 2,143,227 shares, however, by August 15, 2016, the shorts had reduced to 1,928,797 shares. The covering shows that the traders dont believe that a large downside exists in the stock from current levels. The open short positions equal 1.7% of the free float of the stock. It takes 2 days to cover the outstanding short positions. The stock has an average daily volume of 946,888 shares. The short interest information was released on Wednesday Aug 24th after the market close.
Fairchild Semiconductor International (NASDAQ:FCS): The stock was completely flat for the day, closing at $19.73 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $19.77, the stock touched an intraday high of $19.77 and a low of $19.73. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $19.73. The total trading volume on Wednesday was 734,447.
Fairchild Semiconductor International, Inc. is focused on developing, manufacturing and selling power management solutions. The Company is engaged in power analog and design, as well as packaging. It also makes non-power semiconductor and micro-electro-mechanical systems (MEMS)-based solutions. Its products are used in various end market applications, including industrial, home appliance, automotive, mobile, server and cloud computing, lighting, and consumer electronics. It develops a range of power and signal path products for industrial, appliance, cloud computing and automotive applications. The Companys segments include Mobile, Computing, Consumer and Communication (MCCC); Power Conversion, Industrial and Automotive (PCIA), and Standard Discrete and Standard Linear (SDT).