Short interest in Microchip Technology Inc (NASDAQ:MCHP) decreased during the last reporting period, falling from 29.77M to 29.26M. This put 6.29% of the company's publicly available shares short.

Based on the recent average volume of 12.36M shares traded per day, it would take 2.37 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.