As of the close of business on Wednesday, 8/3, we captured the Top 10 Highest Short Interest % stocks within the Utilities Sector.
The average short interest for stocks within the Utilities sector stands at 1.92%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
- ORMAT TECHNOLOGIES ORA 14.47%
- NORTHWESTERN CORP NWE 8.55%
- NRG ENERGY INC NRG 7.74%
- SPIRE INC SR 5.70%
- ATMOS ENERGY CORP ATO 5.00%
- BLACK HILLS CORP BKH 4.72%
- SOUTH JERSEY INDS SJI 4.67%
- NEW JERSEY RES CP NJR 4.65%
- BROOKFIELD INFR CO BIPC 4.63%
- PORTLAND GEN ELEC POR 4.35%
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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