Short Interest Sector Focus: Healthcare Sector

As of the close of business on Monday, 3/6, 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 3.11%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• Kala Pharmaceutica   KALA   52.13%
• Novavax Inc   NVAX   48.74%
• Cassava Sciences I    SAVA   32.6%
• Bionano Genomics   BNGO   27.81%
• Senseonics Holding    SENS   23.31%
• Ocugen Inc   OCGN   22.69%
• Avid Bioservices I   CDMO   22.03%
• Avadel Pharmaceuti    AVDL   21.86%
• Novo Integrated Sc   NVOS   21.49%
• Omeros Corp   OMER   21.3%

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