As of the close of business on Thursday, 8/25, we captured the Top 10 Highest Short Interest % stocks within the Energy Sector.
The average short interest for stocks within the Energy sector stands at 2.61%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
- VERTEX ENERGY INC VTNR 30.29%
- ENERGY FUELS INC UUUU 22.08%
- HOUSTON AMER ENERG HUSA 19.07%
- URANIUM ENERGY COR UEC 18.29%
- VAALCO ENERGY INC EGY 18.22%
- KLX ENERGY SERVICE KLXE 13.31%
- LAREDO PETE INC LPI 13.10%
- CHESAPEAKE ENERGY CHK 12.89%
- CNX RESOURCES CORP CNX 12.34%
- UR ENERGY INC URG 11.60%
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.
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
Image and article originally from www.benzinga.com. Read the original article here.