As of the close of business on Thursday, 10/27, 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 2.97%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
- FUBOTV INC FUBO 39.82%
- AMC ENTMT HLDGS IN AMC 34.77%
- MARCUS CORP MCS 31.45%
- GROUPON INC GRPN 26.30%
- SCIPLAY CORP SCPL 19.54%
- CINEMARK HLDGS INC CNK 19.37%
- COMSOVEREIGN HOLDI COMS 15.42%
- REMARK HLDGS INC MARK 14.65%
- LUMEN TECHNOLOGIES LUMN 13.60%
- BILIBILI INC BILI 11.45%
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
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.