As of the close of business on Monday, 10/24, we captured the Top 10 Highest Short Interest % stocks within the Technology sector.
The average short interest for stocks within the Technology sector stands at 3.43%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Medpace Hldgs's (NASDAQ:MEDP) short percent of float has risen 11.68% since its last report. The company recently reported that it has 2.20 million shares sold short, which is 10.52% of all regular shares that are available for trading.
Xerox Holdings's (NASDAQ:XRX) short percent of float has risen 10.04% since its last report. The company recently reported that it has 8.78 million shares sold short, which is 7.89% of all regular shares that are available for trading.
The State of Michigan Retirement System has hiked its stake in Tesla Inc. (NASDAQ: TSLA), Amazon.com Inc. (NASDAQ: AMZN) and Verizon Communications Inc. (NYSE:
Regions Financial's (NYSE:RF) short percent of float has fallen 11.64% since its last report. The company recently reported that it has 14.76 million shares sold short, which is 2.05% of all regular shares that are available for trading.
Sherwin-Williams's (NYSE:SHW) short percent of float has fallen 14.58% since its last report. The company recently reported that it has 1.96 million shares sold short, which is 0.82% of all regular shares that are available for trading.
Shiba Inu (CRYPTO: SHIB) was sliding over 2% during Monday’s 24-hour trading session, rejecting the eight-day exponential moving average (EMA) as resistance.