3 Stocks With High Short Interest Still Near Their 52-Week Highs
PureCycle Technologies(PCT) MarketBeat·2024-10-30 12:02
Every stock has bulls and bears. When trying to understand the bearish sentiment around a stock, looking at short interest can be particularly useful. This provides a measurement of how much bearishness there is around a stock, as short sellers are betting on the share price to fall. Looking at stocks that have high short interest but are still trading near their 52-week high adds another layer of intrigue. It shows that short sellers have yet to be largely rewarded for their position, as the stock price ha ...