Short interest in Microchip Technology Inc (NASDAQ:MCHP) increased during the last reporting period, rising from 21.89M to 24.01M. This put 5.24% of the company's publicly available shares short.

Short interest for Microchip Technology gives investors a sense of the degree to which investors are betting on the decline of Microchip Technology's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 5.03M shares traded per day, it would take 4.77 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.