OTTR, HE draw highest short interest in utilities sector; BIP and NEE see lowest short interest
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In the utilities sector, Otter Tail (OTTR) and Hawaiian Electric Industries (HE) have the highest short interest at 11.91% and 11.29%, respectively, indicating significant bearish sentiment. Conversely, Brookfield Infrastructure Partners (BIP) and NextEra Energy (NEE) show the lowest short interest at 0.21% and 1.55%. Analysts have mixed ratings for OTTR and HE, with Seeking Alpha rating OTTR as Hold and HE as Buy, while Wall Street analysts are bullish on both. The top five most shorted utilities stocks include OTTR, HE, Oklo, IDACORP, and Alliant Energy, while the least shorted include PEG, CWT, ES, NEE, and BIP.
Source: MSN The copyright of this article belongs to the original author/organization.
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