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Short Interest Sector Focus: Communication Services Sector

Benzinga Real-time News ·  Aug 23, 2022 09:56

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.

  • FUBOTV INC        (NYSE:FUBO)    34.86%
  • MARCUS CORP        (NYSE:MCS)    30.11%
  • GROUPON INC        (NASDAQ:GRPN)    29.38%
  • AMC ENTMT HLDGS IN    (NYSE:AMC)    19.42%
  • CHICKEN SOUP FOR    (NASDAQ:CSSE)    17.13%
  • SCIPLAY CORP        (NASDAQ:SCPL)    16.16%
  • REMARK HLDGS INC    (NASDAQ:MARK)    15.12%
  • CINEMARK HLDGS INC    (NYSE:CNK)    14.94%
  • LUMEN TECHNOLOGIES    (NYSE:LUMN)    13.26%
  • BILIBILI INC        (NASDAQ:BILI)    13.15%

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  

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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