Lumen Technologies's (NYSE:LUMN) short percent of float has risen 4.24% since its last report. The company recently reported that it has 150.72 million shares sold short, which is 16.49% of all regular shares that are available for trading.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Lumen Technologies's (NYSE:LUMN) short percent of float has risen 9.41% since its last report. The company recently reported that it has 144.64 million shares sold short, which is 15.82% of all regular shares that are available for trading.
What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
As of the close of business on Monday, 8/22, we captured the Top 10 Highest Short Interest % stocks within the Communication Services Sector.
The average short interest for stocks within the Communication Services sector stands at 2.90%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.