Short Interest Sector Focus: Healthcare Sector

As of the close of business on Wednesday, 4/26, 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 3.14%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

• Novavax Inc   NVAX   39.88%
• Rite Aid Corp   RAD   31.66%
• Invitae Corp   NVTA   31.27%
• Cassava Sciences I    SAVA   29.58%
• Senseonics Holding   SENS   25.46%
• Bionano Genomics    BNGO   24.27%
• Veru Inc    VERU   24.22%
• Cutera Inc    CUTR   21.16%
• Avid Bioservices I   CDMO   20.48%
• Tilray Brands Inc   TLRY   20.2%

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