Cadiz leads the most shorted utility stocks with less than $2B market cap
Short interest in the utility sector in October among companies with less than $2B in market cap reveals no clear trend for shorting. All kinds of firms like water, electric, power and renewable utilities were shorted, with water utility firm Cadiz topping the list.
Among the highest shorted stocks in the less than $2B market capitalization category, Cadiz was at 15.75%, followed by Hawaiian Electric Industries and Hallador Energy at 10.52% and 9.41%, respectively. At the bottom of the tally was Artesan Resources at 0.51%.
Here are the five most shorted utility stocks with market capitalizations less than $2B:
- Cadiz
CDZI – Short Interest: 15.75% - Hawaiian Electric Industries
HE – Short Interest: 10.52% - Hallador Energy
HNRG – Short Interest: 9.41% - XPLR Infrastructure
XIFR – Short Interest: 6.33% - Spruce Power Holding
SPRU – Short Interest: 4.41%
Here are the five least shorted utility stocks with market capitalizations less than $2B:
- Artesan Resources
ARTNA – Short Interest: 0.51% - Suburban Propane Partners
SPH – Short Interest: 0.74% - Montauk Renewables
MNTK – Short Interest: 1.02% - RGC Resources
RGCO – Short Interest: 1.09% - Global Water Resources
GWRS – Short Interest: 1.31%