As of the close of business on Tuesday, 7/11, 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 2.81%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
- Gevo Inc GEVO 26.93%
- Livent Corporation LTHM 25.99%
- Danimer Scientific DNMR 24.18%
- Lightwave Logic LWLG 23.47%
- Amyris Inc AMRS 23.3%
- Green Plains Inc GPRE 14.55%
- Origin Matls Inc ORGN 12.39%
- Hycroft Mining Hol HYMC 11.69%
- Scotts Miracle- gro SMG 10.66%
- Mgp Ingredients MGPI 9.61%
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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