As of the close of business on Tuesday, 8/2, we captured the Top 10 Highest Short Interest % stocks within the Technology Sector.
The average short interest for stocks within the Technology sector stands at 3.64%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Gainers
Revelation Biosciences, Inc. (NASDAQ: REVB) surged 77.4% to close at $1.11 on Thursday after jumping 27% on Wednesday. Revelation Biosciences recently announced completion of dosing for Phase 1b CLEAR clinical study of REVTx-99b for the treatment of allergic rhinitis.
Companies Reporting Before The Bell
• MSC Industrial Direct Co (NYSE:MSM) is expected to report quarterly earnings at $1.74 per share on revenue of $960.52 million.
SMART Global Holdings (NASDAQ:SGH) is set to give its latest quarterly earnings report on Wednesday, 2022-06-29. Here's what investors need to know before the announcement.
Analysts estimate that SMART Global Holdings will report an earnings per share (EPS) of $0.75.
Today's 5 Stock Ideas:
NIKE (NKE) - Will report quarterly results on Monday, Jun. 27 after market close.
New Relic (NEWR) - Shares closed about 6% higher Wednesday following news activist investor of