PMC-Sierra short interest surges

|About: PMC - Sierra, Inc. (PMCS)|By:, SA News Editor

Short interest in PMC-Sierra (PMCS -0.8%) has surged to 7.5M shares as of Aug. 30 (short ratio of 5.05) from 5.4M on Aug. 15. The number of shares sold short has shot up 281% since March.