Despite regulatory hurdles, the experienced and engaged cannabis investors nominated for this year's Benzinga's Cannabis Investors Award are making it possible for everyone to tap into the market's potential.
As of the close of business on Monday, 8/22, 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 2.90%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
On Monday, shares of ShiftPixy, Inc. (NASDAQ: PIXY) experienced volatile short activity. After the activity, the stock price went up +4.27% to $0.222.
The overall sentiment for PIXY has been Bearish.
On Monday, shares of SCWorx Corp. (NASDAQ: WORX) experienced volatile short activity. After the activity, the stock price went up +3.27% to $0.727.
The overall sentiment for WORX has been Bearish.
HYTN Cannabis Inc., wholly owned subsidiary of HYTN Innovations Inc. (CSE:HYTN) has been awarded a license by Health Canada allowing for the sale of cannabis for medical purposes.
The Dow Jones dropped more than 600 points on Monday. Investors, meanwhile, focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Assertio Holdings Inc (NASDAQ: ASRT) shares are trading lower by 27.75% to $2.63 Tuesday morning after the company priced a $60 million convertible senior notes offering.
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