Short interest in Silicon Motion Technology Corp (NASDAQ:SIMO) increased during the last reporting period, rising from 641.17K to 653.75K. This put 2% of the company's publicly available shares short.

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

Based on the recent average volume of 389.29K shares traded per day, it would take 1.68 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.