Tower Semiconductor Ltd. (NASDAQ:TSEM) Sees Significant Increase in Short Interest

Tower Semiconductor Ltd. (NASDAQ:TSEM) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,780,000 shares, an increase of 30.9% from the August 15th total of 1,360,000 shares. Based on an average daily volume of 1,080,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.6% of the shares of the company are sold short. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 1,080,000 shares, the days-to-cover ratio is currently 1.6 days.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TSEM. Benchmark upped their price target on Tower Semiconductor from $66.00 to $73.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Barclays began coverage on Tower Semiconductor in a report on Thursday. They set an “equal weight” rating and a $74.00 price target for the company. Wedbush set a $65.00 price target on Tower Semiconductor and gave the stock an “outperform” rating in a report on Tuesday, August 5th. Finally, Susquehanna set a $66.00 price target on Tower Semiconductor and gave the stock a “positive” rating in a report on Tuesday, August 5th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Tower Semiconductor currently has an average rating of “Moderate Buy” and an average price target of $67.60.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Tower Semiconductor in the first quarter valued at $551,000. Wealth Enhancement Advisory Services LLC grew its position in Tower Semiconductor by 8.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,715 shares of the semiconductor company’s stock valued at $525,000 after acquiring an additional 1,138 shares during the period. Squarepoint Ops LLC bought a new stake in Tower Semiconductor in the fourth quarter valued at $247,000. Fifth Third Bancorp grew its position in Tower Semiconductor by 18.0% in the first quarter. Fifth Third Bancorp now owns 9,885 shares of the semiconductor company’s stock valued at $352,000 after acquiring an additional 1,509 shares during the period. Finally, Voya Investment Management LLC grew its position in Tower Semiconductor by 45.1% in the first quarter. Voya Investment Management LLC now owns 918,068 shares of the semiconductor company’s stock valued at $32,738,000 after acquiring an additional 285,471 shares during the period. 70.51% of the stock is currently owned by institutional investors and hedge funds.

Tower Semiconductor Stock Performance

Shares of NASDAQ TSEM opened at $68.81 on Friday. The business has a fifty day simple moving average of $53.78 and a 200 day simple moving average of $43.98. The company has a current ratio of 6.57, a quick ratio of 5.50 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of 39.55 and a beta of 0.86. Tower Semiconductor has a one year low of $28.64 and a one year high of $72.13.

Tower Semiconductor (NASDAQ:TSEM) last issued its earnings results on Monday, August 4th. The semiconductor company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.06). The firm had revenue of $372.06 million during the quarter, compared to analyst estimates of $371.63 million. Tower Semiconductor had a net margin of 13.20% and a return on equity of 7.37%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 earnings per share. Tower Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Tower Semiconductor will post 1.67 EPS for the current year.

Tower Semiconductor Company Profile

Tower Semiconductor Ltd., an independent semiconductor foundry, focus on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices in Israel, the United States, Japan, Europe, and internationally. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS.