Short Interest Sector Focus: Financial Services Sector

As of the close of business on Friday, 11/4, we captured the Top 10 Highest Short Interest % stocks within the Financial Services sector.

The average short interest for stocks within the Financial Services sector stands at 1.56%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• MARATHON DIGITAL H    MARA    44.33%
• UPSTART HLDGS INC    UPST    38.83%
• TRUPANION INC        TRUP    24.89%
• NEW YORK COMMTY        NYCB    24.39%
• SOFI TECHNOLOGIES    SOFI    22.46%
• ENCORE CAPITAL GP    ECPG    21.44%
• HCI GROUP INC        HCI    17.62%
• LEMONADE INC        LMND    15.79%
• PCSB FINL CORP        PCSB    12.15%
• REPUBLIC 1ST BNCRP    FRBK    11.50%

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