Short Interest Sector Focus: Technology Sector

As of the close of business on Wednesday, 12/28, we captured the Top 10 Highest Short Interest % stocks within the Technology sector.

The average short interest for stocks within the Technology sector stands at 3.09%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• Avaya Holdings Cor   AVYA   44.18%
• Riot Blockchain In    RIOT   40.18%
• Microstrategy    MSTR   32.73%
• Desktop Metal Inc   DM   29.01%
• Exela Technologies   XELA   27.88%
• Microvision Inc    MVIS   26.51%
• Luminar Technologi   LAZR   20.86%
• Par Technology Cp    PAR   20.5%
• Sunnova Energy Int   NOVA   20.13%
• Wolfspeed Inc   WOLF   19.82%

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