Short Interest In IT Stocks Eases In January
Source: SeekingAlpha
2025-03-03 11:10:00 ET
Summary
- Short sellers reduced their positions in information technology stocks in January. The decline in short positions coincided with a market selloff in some of the more speculative names, possibly prompting short sellers to take profits.
- The average short interest in the North American IT sector dropped to 4.62% of shares outstanding in the first month of 2025, down 18 basis points from December 2024.
- SolarEdge Technologies Inc. was the most shorted information technology stock at the end of January 2025 with 39.47% short interest, up from 38.66% at the end of December 2024.
Short sellers reduced their positions in information technology stocks in January. The decline in short positions coincided with a market selloff in some of the more speculative names, possibly prompting short sellers to take profits....
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Short Interest In IT Stocks Eases In January
Cyngn Inc.
NASDAQ: CYN
CYN Trading
-4.73% G/L:
$1.41 Last:
140,524 Volume:
$1.45 Open:
