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Cirrus Logic has benefited from its heavy exposure to Apple, but has found out that this relationship cuts both ways. See why I’m neutral on CRUS stock.
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Cirrus Logic, Inc. (NASDAQ:CRUS - Get Rating) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 1,630,000 shares, an increase of 33.6% from the September 15th total of 1,220,000 shares. Based on an average trading volume of 451,000 shares,…