Short Interest Sector Focus: Healthcare Sector

As of the close of business on Monday, 11/7, 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 3.24%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• CUTERA INC        CUTR    33.39%
• CASSAVA SCIENCES I    SAVA    32.71%
• TRICIDA INC        TCDA    28.29%
• AVIDITY BIOSCIENCE    RNA    27.17%
• NOVAVAX INC        NVAX    24.20%
• APYX MEDICAL CORPO    APYX    22.89%
• VERU INC        VERU    21.38%
• CLOVIS ONCOLOGY IN    CLVS    21.30%
• BIONANO GENOMICS    BNGO    20.32%
• AVID BIOSERVICES I    CDMO    20.22%

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