SK hynix Inc. (NASDAQ:SKHY) Sees Significant Growth in Short Interest

SK hynix Inc. (NASDAQ:SKHY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 14,857,954 shares, a growth of ∞ from the June 30th total of 0 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 30,521,821 shares, the days-to-cover ratio is presently 0.5 days.

SK hynix Trading Up 13.4%

NASDAQ SKHY traded up $17.03 on Thursday, reaching $143.82. The stock had a trading volume of 17,837,155 shares, compared to its average volume of 48,453,121. SK hynix has a 12-month low of $124.80 and a 12-month high of $194.80.

SK hynix (NASDAQ:SKHY) last announced its earnings results on Wednesday, July 29th. The memory chip maker reported $8.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.12 by $3.64. The business had revenue of $52.83 billion for the quarter, compared to analysts’ expectations of $59.05 billion.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Singular Research raised shares of SK hynix to a “strong-buy” rating in a research report on Friday, July 10th. Zacks Research raised shares of SK hynix to a “hold” rating in a research report on Friday, July 24th. Barclays decreased their price objective on shares of SK hynix from $330.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday. UBS Group started coverage on SK hynix in a report on Wednesday. They set a “buy” rating and a $204.00 price objective on the stock. Finally, Wall Street Zen upgraded SK hynix to a “strong-buy” rating in a research report on Saturday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $252.00.

More SK hynix News

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: Second-quarter operating profit surged 557% year over year, while revenue increased 257% to approximately $54.6 billion. Operating margin reached a record 76%, and adjusted EPS of $8.76 exceeded the $5.12 consensus estimate. SK hynix quarterly earnings results
• Positive Sentiment: Demand for high-bandwidth memory (HBM) and server DRAM remains strong as technology companies expand AI data-center spending. SK hynix has begun mass shipments of HBM4 and expects continued production and pricing support in the second half. SK Hynix second-quarter results
• Positive Sentiment: Long-term supply agreements with major customers, including reported contracts covering 10 customers, could reduce the impact of memory-sector cyclicality. Analysts also point to SK hynix’s leading HBM position, estimated at roughly 58% in the first quarter, and potential upside from an NVIDIA relationship. Why SK hynix could be the best AI chip stock
• Neutral Sentiment: Several analysts remain bullish, arguing that AI demand, high margins and valuation—reportedly near five times earnings—make SKHY attractive after its significant pullback. However, the stock remains exposed to investor concerns about a future memory-cycle downturn.
• Negative Sentiment: Revenue of $54.6 billion fell short of the approximately $57.7 billion estimate, and operating profit also missed expectations. The shortfall overshadowed the record results because investors had priced in exceptionally strong AI-related growth. SK Hynix misses revenue and profit estimates
• Negative Sentiment: Plans to spend roughly $31 billion on capacity expansion raised concerns about oversupply, capital intensity and the possibility that today’s unusually high memory margins will not be sustainable. SK Hynix spending plan and earnings
• Negative Sentiment: Short interest in SKHY’s recently launched U.S. shares has built rapidly, adding selling pressure and signaling that some traders are positioning for further weakness. New competition from China’s CXMT and broader concerns about AI-chip valuations are additional risks. Short sellers target SK Hynix U.S. shares

SK hynix Company Profile

SK hynix Inc is a South Korea-based semiconductor company that develops, manufactures, and sells memory products used in a wide range of electronic devices and computing systems. Its portfolio includes DRAM, NAND flash, and other memory solutions that support applications such as servers, PCs, mobile devices, and consumer electronics.

The company serves customers globally through the semiconductor supply chain and is recognized as one of the major memory chip producers in the industry.