Short Interest Sector Focus: Communication Services Sector

Short Interest Sector Focus: Communication Services Sector

As of the close of business on Monday, 8/22, we captured the Top 10 Highest Short Interest % stocks within the Communication Services Sector.

The average short interest for stocks within the Communication Services sector stands at 2.90%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

 

  • FUBOTV INC        FUBO    34.86%
  • MARCUS CORP        MCS    30.11%
  • GROUPON INC        GRPN    29.38%
  • AMC ENTMT HLDGS IN    AMC    19.42%
  • CHICKEN SOUP FOR    CSSE    17.13%
  • SCIPLAY CORP        SCPL    16.16%
  • REMARK HLDGS INC    MARK    15.12%
  • CINEMARK HLDGS INC    CNK    14.94%
  • LUMEN TECHNOLOGIES    LUMN    13.26%
  • BILIBILI INC        BILI    13.15%

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  

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