Short Interest Sector Focus: Basic Materials Sector

Short Interest Sector Focus: Basic Materials Sector

As of the close of business on Thursday, 9/15, 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 2.90%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

 

  • GEVO INC        GEVO    26.54%
  • DANIMER SCIENTIFIC    DNMR    26.45%
  • AMYRIS INC        AMRS    21.54%
  • LIVENT CORPORATION    LTHM    20.62%
  • GREEN PLAINS INC    GPRE    18.31%
  • LIGHTWAVE LOGIC        LWLG    17.40%
  • UNITED STATES STEE    X    16.06%
  • PIEDMONT LITHIUM I    PLL    13.76%
  • MGP INGREDIENTS        MGPI    12.44%
  • WD-40 CO        WDFC    11.87%

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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