Short Interest Sector Focus: Healthcare Sector

As of the close of business on Tuesday, 6/27, we captured the Top 10 Highest Short Interest % stocks within the Healthcare sector.

The average short interest for stocks within the Healthcare sector stands at 3.51%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• Novavax Inc NVAX   42.09%
• Invitae Corp NVTA   27.6%
• Cassava Sciences I SAVA   26.88%
• Omeros Corp OMER   26.76%
• Tarsus Pharmaceuti TARS   26.27%
• Rite Aid Corp RAD   25.94%
• Tilray Brands Inc TLRY   23.76%
• Scpharmaceuticals SCPH   23.47%
• Senseonics Holding SENS   23.15%
• Black Diamond Ther BDTX   22.98%

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