Applied Materials (AMAT) Shares See Positive Trading Action

September 21, 2016 2:39 PM EDT

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Applied Materials (Nasdaq: AMAT) shares are seeing positive trading activity as they struggle to find positive territory on Wednesday.

Net money flow is $25.06 million for an uptick-to-downtick ratio at 1.83 times, suggesting stronger buying pressure.

Short interest recently rose 14.5 percent to 12.88 million shares, or 1.2 percent of float.

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