As of the close of business on Tuesday, 11/8, we captured the Top 10 Highest Short Interest % stocks within the Industrials sector.
The average short interest for stocks within the Industrials sector stands at 2.40%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
FuelCell Energy, Inc (NASDAQ: FCEL) was plunging lower on Wednesday in tandem with the S&P 500 and saw volatility in the morning session.
When the S&P 500 began to rebound, however, FuelCell remained down considerably, showing comparative weakness to the wider market.
Gainers
Digital Media Solutions, Inc. (NYSE: DMS) shares climbed 71.9% to close at $2.20 on Friday after the company received a non-binding go-private proposal from Prism Data for $2.50 per share in cash.
FuelCell Energy Inc (NASDAQ: FCEL) shares are trading higher by 9.97% to $4.19 Friday. The stock may be rebounding after falling Thursday following a wider-than-expected third-quarter net loss.
What Happened?
The major U.S. index futures are little changed on Thursday, as apprehensions return after Wednesday’s strong advances. Investors are left to contend with more Fed speeches, while the corporate news flow remains fairly light.
On Wednesday, U.S. stocks opened mostly higher and stayed above the unchanged line for the bulk of the session, before closing notably higher.
FuelCell Energy (NASDAQ:FCEL) will host a conference call at 10:00 AM ET on September 8, 2022, to discuss Q3 2022 earnings results.
How to Attend FuelCell Energy (FCEL) Conference Call
Follow this link to access the live webcast.
As of the close of business on Tuesday, 8/30, we captured the Top 10 Highest Short Interest % stocks within the Industrials Sector.
The average short interest for stocks within the Industrials sector stands at 2.65%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.