Short Interest Sector Focus: Healthcare Sector

As of the close of business on Wednesday, 6/28, 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 3.48%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• Novavax Inc NVAX   47.87%
• Invitae Corp NVTA   28.67%
• Tarsus Pharmaceuti TARS   27.42%
• Omeros Corp OMER   27.18%
• Cassava Sciences I SAVA   26.7%
• Scpharmaceuticals SCPH   24.46%
• Rite Aid Corp RAD   24.45%
• Stoke Therapeutics STOK   22.47%
• Avidity Bioscience RNA   22.45%
• Tilray Brands Inc TLRY   22.28%

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