Taiwan Semiconductor Manufactur (NYSE:TSM) Short Interest Down -14.15% – Shares Trading Down

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Short traders are feeling a little more bullish recently considering the fall in short interest. The firm recorded a fall in short interest of -14.15% between August 15, 2017 and August 31, 2017. Short interest fell 3,118,868 over that period. With short interest at 18,930,026 and short average daily volume at 3,320,035, the short-interest ratio is 6.0 and the percentage of shorted shares was 0.00% on August 31.

Here are a few substantial investment firms who have updated their positions. William Blair Investment Management, LLC trimmed its position by selling 836,710 shares a decrease of 4.7% from 03/31/2017 to 06/30/2017. William Blair Investment Management, LLC now controls 16,829,973 shares with a value of $588,376,000. The total value of its holdings increased 1.4%. As of quarter end Edge Asset Management, Inc had disposed of 2,815 shares trimming its stake by 0.1%. The value of the investment in Taiwan Semiconductor Manufactur increased from $82,841,000 to $94,534,000 a change of 14.1% quarter to quarter.

Jackson Square Partners, LLC cut its stake by shedding 497,072 shares a decrease of 19.3% as of 06/30/2017. Jackson Square Partners, LLC currently owns 2,077,805 shares valued at $72,640,000. The value of the position overall is down by 14.1%. Hosking Partners Llp added to its investment by buying 27,126 shares an increase of 1.6%. Hosking Partners Llp controls 1,685,870 shares worth $58,938,000. The total value of its holdings increased 8.2%.

In the market the company is trading down from yesterday’s close of 38.3. Taiwan Semiconductor Manufactur declared a dividend that was paid on Thursday the 20th of July 2017. The dividend payment was $0.290 per share for the quarter or $1.16 annualized. This dividend represents a yield of $3.08 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Monday the 26th of June 2017.

The stock last traded at $37.78 which is marginally over $36.77, the 50 day moving average and which is marginally higher than the 200 day moving average of $34.95. The 50 day moving average was up $1.01 or +2.734% and the 200 day average moved up $2.83.

The company currently has a P/E ratio of 16.978 and market capitalization is 195.90B. In the last earnings report the EPS was $2.23 and is estimated to be $2.15 for the current year with 5,186,076,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.56 and the next full year EPS is projected to be $2.32.

Taiwan Semiconductor Manufacturing Company Limited (TSMC), launched on February 21, 1987, is a semiconductor foundry. The Company is involved in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. The Company operates through foundry segment. The foundry segment engages mainly in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits (IC) and other semiconductor devices and the manufacturing of masks..