Short interest in ON Semiconductor Corp (NASDAQ:ON) decreased during the last reporting period, falling from 30.06M to 29.18M. This put 12.41% of the company's publicly available shares short.

Based on the recent average volume of 12.95M shares traded per day, it would take 2.25 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.