Short interest in Microchip Technology Inc (NASDAQ:MCHP) increased during the last reporting period, rising from 27.54M to 29.77M. This put 6.45% of the company's publicly available shares short.

Based on the recent average volume of 10.79M shares traded per day, it would take 2.76 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.