RBC reports semiconductor short interest rises 1% in late September

RBC reported a 1% increase in short interest in semiconductor stocks as of September 30, 2025. This data, covering 34 companies, showed short interest 15% above the three-year average and 4% above the one-year average. Companies such as Lattice Semiconductor, Analog Devices, Entegris, Allegro MicroSystems, IPG Photonics, and Synaptics experienced the largest increases, while Marvell Technology, Skyworks Solutions, SanDisk, GlobalFoundries, Qorvo, and Qualcomm saw the most significant decreases.

Skyworks Solutions reported the highest short interest at 19%, followed by IPG Photonics at 14%. Novanta led in days to cover at 12 days. Despite a 8.67% decline over the past week, Novanta's stock remains undervalued according to InvestingPro data. The company reported Q2 2026 earnings that exceeded expectations, with adjusted earnings per share at $0.89 and revenue of $265.8 million.

Novanta also highlighted a 9% increase in organic sales and a 16% rise in adjusted EBITDA. No mergers or acquisitions were reported, and no upgrades or downgrades were issued by analysts following these results.