As of the close of business on Monday, 4/17, 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 2.68%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
- Livent Corporation LTHM 27.9%
- Gevo Inc GEVO 26.01%
- Danimer Scientific DNMR 25.3%
- Amyris Inc AMRS 23.45%
- Lightwave Logic LWLG 19.8%
- Green Plains Inc GPRE 15.55%
- Piedmont Lithium I PLL 11.84%
- Hycroft Mining Hol HYMC 10.1%
- Wd-40 Co WDFC 9.29%
- Origin Matls Inc ORGN 8.74%
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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