Technology sector

Avaya Hldgs (NYSE:AVYA) – Short Interest Sector Focus: Technology Sector

At the close of business on Friday 02/09, we captured the 10 stocks with the highest % short interest in the technology sector.

The average short yield for tech stocks is 3.37%. Therefore, the stocks below have a more pessimistic outlook than their peers within the respective sector.

  • AVAYA HOLDINGS COR AYA 54.87%
  • MICROSTRATEGY MSTR 34.92%
  • BLOCKCHAIN ​​RIOT IN RIOT 30.59%
  • BUREAU METAL INC DM 28.52%
  • MICROVISION INC MVIS 26.45%
  • IROBOT CORP IRBT 22.56%
  • CP TECHNOLOGY BY 21.09%
  • VIRTUAL AMERICAN stroke 20.98%
  • 8X8 INC NEW EGHT 20.86%
  • LIGHTING TECHNOLOGY LAZR 20.46%

Short interest is the percentage of shares outstanding of a stock sold short, which is used as an indicator of stock price sentiment. When short interest increases, it is generally considered a negative “bear” market indicator, while when short interest decreases, it is generally considered a positive “bull” market indicator.

Disclaimer: The Short Term Interest Indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Data depicted is proprietary to short interest data merged daily by Tidal Markets LLC and its underlying proprietary sources. The information contained herein should not be compared, contrasted, or evaluated against other short-term data providers. ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE