Why is $MCHPP stock down today?

Microchip Technology Incorporated Depositary Shares Each Representing a 1/20th Interest in a Share of 7.50% Series A Mandatory Convertible Preferred Stock · Semiconductors & Related Devices

Why is $MCHPP down today?

The likely driver

Executive / Board Change · Shareholder Vote

MICROCHIP TECHNOLOGY INC filed an 8-K: Executive / Board Change, Shareholder Vote

SEC filing · Aug 19

The numbers behind the move

Short interest

0.02% of float

Days to cover

1.0d

Float

40.0M

Float rotation

0.0x

Price

$64.70

Move today

-2.8%

Volume vs avg

0.0x

Scanner alerts today

Flagged in 30 days

Market cap

$36.3B

Prev close

$66.56

Avg volume

202K

Today’s scanner timeline

3:01 PMUnusual volume (RVOL) alert

Unusual-volume alerts often fire before the news is widely reported. This is when our scanner first flagged MCHPP today.

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Other stocks moving today

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Each opens that stock’s own why-is-it-moving page.

Move and volume are based on the latest market data and refresh live on this page. Scanner alerts are our own real-time unusual-volume signals. This is research, not investment advice.