Short Interest Sector Focus: Basic Materials Sector

As of the close of business on Tuesday, 7/19, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector.

The average short interest for stocks within the Basic Materials sector stands at 2.91%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• DANIMER SCIENTIFIC    DNMR    29.85%
• GEVO INC        GEVO    28.59%
• LIGHTWAVE LOGIC        LWLG    23.37%
• AMYRIS INC        AMRS    22.38%
• LIVENT CORPORATION    LTHM    20.50%
• GREEN PLAINS INC    GPRE    16.92%
• MGP INGREDIENTS        MGPI    12.46%
• WD-40 CO        WDFC    11.89%
• PIEDMONT LITHIUM I    PLL    11.58%
• CLEVELAND CLIFFS    CLF    10.48%  

Short Interest is the percentage of a stocks' outstanding shares being sold short, which is utilized as a gauge for stock price sentiment. When short interest increases, this is generally considered a negative "bear" market indicator, whereas when short interest decreases, this is generally considered a positive "bull" market indicator. 

Overview: The Short Interest Indicator is produced by Tidal Markets, in partnership with Benzinga Insights. 

ANY INFORMATION CONTAINED HERE DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE