As of the close of business on Thursday, 8/4, we captured the Top 10 Highest Short Interest % stocks within the Basic Materials Sector.
The average short interest for stocks within the Basic Materials sector stands at 2.88%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
On Thursday, shares of Morphic Holding, Inc. (NASDAQ: MORF) experienced volatile short activity. After the activity, the stock price went up +11.64% to $31.93.
The overall sentiment for MORF has been Bearish.
American Axle & Manufacturing (NYSE: AXL) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.
Health Catalyst, Inc. (NASDAQ: HCAT) fell 33.5% to $12.14 after the company issued weak sales forecast and announced a $40 million share repurchase program. JP Morgan and Stifel also downgraded the stock.
Sweet Dirt Expands In Maine, With New Rec Marijuana Store In Bridgton
Sweet Dirt, at 1 Beaver Creek Farm Road, is opening its Bridgton, Maine store on Friday, August 5.