Stocks to Watch: WeWork, Bed Bath & Beyond, and more...

Shorted Stocks

Inside.com Part of   Network December 04, 2022

Hey Insiders,  Today, we will look at some of the most shorted stocks in each industry. This can help you gain some data about which companies and industries Wall Street feels will continue to fall in the coming months. These lists are also highly requested by those who like to invest in stocks that may become targets of a short squeeze, as this can lead to significant profits in a short period. Unlike similar issues, this won't just look at seven stocks with high short interest but six industries, each with many stocks with high short interest, allowing you to analyze more potential trading opportunities.  Onward and Upward,  Liam

Consumer Cyclicals The most shorted stocks in the Consumer Cyclicals industry include: Bed Bath & Beyond Inc (NASDAQ: BBBY) with a 45.1% short interest as a percentage of total float.  Carvana (NYSE: CVNA) with a 44.4% short interest as a percentage of total float.  EVgo (NASDAQ: EVGO) with a 32.3% short interest as a percentage of total float.  Fisker (NYSE: FSR) with a 32.2% short interest as a percentage of total float.  Wayfair (NYSE: W) 32% short interest as a percentage of total float.  Revolve (NYSE: RVLV) with a 27.8% short interest as a percentage of total float.  Mullen Automotive (NASDAQ: MULN) with a 27.8% short interest as a percentage of total float.  Luminar Technologies (NASDAQ: LAZR) with a 26.6% short interest as a percentage of total float.  Sonic Automotive (NYSE: SAH) with a 26% short interest as a percentage of total float.  Chewy (NYSE: CHWY) with a 45% short interest as a percentage of total float.

Consumer Non-Cyclicals These are the stocks in the Consumer Non-Cyclicals industry with the highest short interest: Beyond Meat (NASDAQ: BYND) with a 42.8% short interest as a percentage of total float.  Weber (NYSE: WEBR) with a 39.1% short interest as a percentage of total float.  Tattooed Chef (NASDAQ: TTCF) with a 32.6% short interest as a percentage of total float.  Big Lots (NYSE: BIG) with a 27.9% short interest as a percentage of total float.  Sirius XM Holdings (NASDAQ: SIRI) with a 26.8% short interest as a percentage of total float.

Finance These are the stocks with the highest short interest in the finance industry: Upstart Holdings (NASDAQ: UPST) with a 36.2% short interest as a percentage of total float.  Rocket Companies (NYSE: RKT) with a 36% short interest as a percentage of total float.  Marathon Digital (NASDAQ: MARA) with a 34.6% short interest as a percentage of total float.  UWM Holdings (NYSE: UWMC) with a 28.7% short interest as a percentage of total float.  Sitio Royalties Corp (NYSE: STR) with a 28.5% short interest as a percentage of total float.  Root (NASDAQ: ROOT) with a 27.5% short interest as a percentage of total float.  Cowen (NASDAQ: COWN) with a 26.7% short interest as a percentage of total float.

Technology These are the stocks with the highest short interest in the technology industry. MicroStrategy Incorporated (NASDAQ: MSTR) with a 40.6% short interest as a percentage of total float.  Rackspace Technology (NASDAQ: RXT) with a 28.1% short interest as a percentage of total float.  Groupon (NASDAQ: GRPN) with a 27.7% short interest as a percentage of total float.  Asana (NYSE: ASAN) with a 26.9% short interest as a percentage of total float.  AST SpaceMobile (NASDAQ: ASTS) with a 36.6% short interest as a percentage of total float.

Industrials These are the stocks with the highest short interest in the industrials category.  Nikola Corporation (NASDAQ: NKLA) with a 34.2% short interest as a percentage of total float.  Blink Charging (NASDAQ: BLNK) with a 30.7% short interest as a percentage of total float.  Desktop Metal (NYSE: DM) with a 27.2% short interest as a percentage of total float.

Healthcare These are the stocks in the healthcare industry with the highest short interest. Allogene Therapeutics (NASDAQ: ALLO) with a 39.3% short interest as a percentage of total float.  PMV Pharmaceuticals (NASDAQ: PMVP) with a 33.7% short interest as a percentage of total float.  Beauty Health Company (NASDAQ: SKIN) with a 32.3% short interest as a percentage of total float.  Sana Biotechnology (NASDAQ: SANA)  with a 30.6% short interest as a percentage of total float.  ImmunityBio (NASDAQ: IBRX) with a 29.1% short interest as a percentage of total float.  Novavax (NASDAQ: NVAX) with a 29% short interest as a percentage of total float.

Bonus Here are a few other stocks to consider that don't fall into the industries explored in more detail.  WeWork (NYSE: WE) is a real estate stock with a 25.7% short interest as a percentage of total float.  Vertex Energy (NASDAQ: VTNR) is an energy stock with a 36% short interest as a percentage of total float.

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Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law in Vancouver, Canada.   Editor Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

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