CIRRUS LOGIC Sees 5.2% Increase in Short Interest
December 26, 2022
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Cirrus Logic ($NASDAQ:CRUS) is an American technology company that specializes in the production of integrated circuits for audio, voice, and data products. The company is based in Austin, Texas, and has a worldwide presence with multiple locations. Recently, Cirrus Logic has seen a 5.2% increase in short interest. This can be attributed to the company’s strong financial performance and outlook for the future. Despite the current economic climate, Cirrus Logic has managed to remain profitable and well-positioned to capitalize on any future growth opportunities. Cirrus Logic’s stock price has remained relatively stable despite the market volatility. This is due to the company’s commitment to creating innovative products and services as well as its focus on customer satisfaction.
The company has also been able to maintain its competitive position in the market by developing new technologies and expanding its product portfolio. The 5.2% increase in short interest could be a sign that investors are optimistic about the company’s future performance. While shorting stocks can be risky, it can also be an effective strategy for investors who want to take advantage of potential price appreciation. Overall, Cirrus Logic has demonstrated strong financial performance and a commitment to innovation. The 5.2% increase in short interest could be a sign that investors are optimistic about the company’s future prospects. As the global economy continues to recover, Cirrus Logic may be well-positioned to benefit from any potential growth opportunities.
Market Price
At the time of writing, news sentiment around the company is mostly positive. Despite the slight dip in share price, CIRRUS LOGIC has seen a steady rise in short interest over the past several months. CIRRUS LOGIC’s share price has been steadily rising since January 2021 and investors have largely been upbeat about the company’s prospects.
The recent increase in short interest is likely a sign that investors are expecting the stock’s upward momentum to continue in the near future. With the ongoing partnership with Apple, strong financials, and positive sentiment among investors, CIRRUS LOGIC is well-positioned to capitalize on the current market conditions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cirrus Logic. More…
| Total Revenues | Net Income | Net Margin |
| 1.97k | 350.94 | 17.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cirrus Logic. More…
| Operations | Investing | Financing |
| 232.73 | -31.23 | -233.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cirrus Logic. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.16k | 509.45 | 29.85 |
Key Ratios Snapshot
Some of the financial key ratios for Cirrus Logic are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.3% | 45.5% | 21.6% |
| FCF Margin | ROE | ROA |
| 10.3% | 16.4% | 12.3% |
VI Analysis
CIRRUS LOGIC is classified as a “gorilla” by the VI Star Chart, which means that the company has achieved stable and high revenue or earning growth due to its strong competitive advantage. This type of company is attractive to investors who are looking for long-term potential and are willing to take more risks in exchange for higher returns. In terms of its financials, CIRRUS LOGIC has strong assets, growth, and profitability, but its dividend payout is not as impressive. However, its high health score of 10/10 suggests that it has strong cashflows and debt and is capable of sustaining future operations in times of crisis. Additionally, CIRRUS LOGIC has a solid track record of performance and has been able to demonstrate consistent growth over the years. This makes it an attractive investment opportunity for those looking for long-term capital appreciation. Overall, CIRRUS LOGIC is a company with high potential for long-term growth and profitability. Its strong competitive advantage and robust financials make it an attractive option for investors seeking high returns with minimal risk. More…
VI Peers
The company’s competitors include Sequans Communications SA, United Microelectronics Corp, and Globetronics Technology Bhd.
– Sequans Communications SA ($NYSE:SQNS)
Sequans Communications S.A. provides wireless connectivity solutions for the Internet of Things and 4G/5G applications. The company operates in two segments, Mobile Broadband and Enterprise & IoT. It offers its solutions for cellular, Wi-Fi, and short range applications, as well as for various connected devices, including cellular routers and gateways, customer premises equipment, and automotive and transportation applications.
– United Microelectronics Corp ($TWSE:2303)
As of 2022, United Microelectronics Corp has a market cap of 501.15B and a Return on Equity of 18.27%. The company is a leading global semiconductor foundry that provides advanced technology and manufacturing services to semiconductor companies worldwide. The company’s technology platforms include: advanced process technologies, memory technologies, mixed-signal/analog technologies, and specialty technologies.
– Globetronics Technology Bhd ($KLSE:7022)
As of 2022, Globetronics Technology Bhd has a market cap of 769.86M and a Return on Equity of 11.1%. The company is engaged in the design, manufacture and sale of semiconductor products and precision components. It offers a range of services including research and development, engineering, testing and assembly.
Summary
Investing in Cirrus Logic is an attractive opportunity for many investors as the company has seen steady growth and positive sentiment from the market. The company’s stock has been on a steady upward trajectory for the past few years, with a 5.2% increase in short interest recently. This could signal that investors believe that the company is set for more growth in the future. In addition to its stock performance, Cirrus Logic also has a strong history of innovation and development, introducing new products and services to the market. The company has a long history of developing audio products, including chips, amplifiers and digital signal processors, and has also diversified into developing system-on-a-chip solutions for the automotive industry. The company also has a strong presence in the consumer electronics space, where its products are used in a variety of products from smartphones to tablets.
This presence could be beneficial for its future growth prospects, as demand for consumer electronics continues to grow. Furthermore, Cirrus Logic has seen success with its partnerships with major players in the industry, such as Apple, Qualcomm, and Samsung. These partnerships could help the company expand its reach into new markets and gain access to new technologies and customers. Overall, Cirrus Logic looks like a promising investment opportunity due to its strong track record of innovation, stock performance, and partnerships with industry giants. The company’s current success and potential for further growth make it an attractive option for many investors.
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