Short Interest Sector Focus: Energy Sector

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. 

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



Image and article originally from www.benzinga.com. Read the original article here.