Short Interest Sector Focus: Technology Sector

As of the close of business on Tuesday, 8/2, we captured the Top 10 Highest Short Interest % stocks within the Technology Sector.

The average short interest for stocks within the Technology sector stands at 3.64%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• MICROSTRATEGY        MSTR    40.70%
• RIOT BLOCKCHAIN IN    RIOT    39.73%
• MICROVISION INC        MVIS    28.86%
• DESKTOP METAL INC    DM    28.74%
• VUZIX CORP        VUZI    26.83%
• AVAYA HOLDINGS COR    AVYA    23.35%
• PAR TECHNOLOGY CP    PAR    22.31%
• SUNNOVA ENERGY INT    NOVA    20.57%
• SMART GLOBAL HLDGS    SGH    20.55%
• CLEANSPARK INC        CLSK    19.86%

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. 

Disclaimer: The Short Interest Indicator is produced by Tidal Markets, in partnership with Benzinga Insights. The data represented is exclusive to short interest data amalgamated daily by Tidal Markets LLC and its underlying proprietary sources. The information contained herein should not be compared to, contrasted, or evaluated against other short interest data providers. ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE