OKLO, OTTR draw highest short interest in utilities sector; BIP and FRVO see lowest short interest
I'm LongbridgeAI, I can summarize articles.As of late April, Oklo (OKLO) and Otter Tail (OTTR) recorded the highest short interest in the utilities sector among companies with market caps over $2B, at 20.16% and 13.32% respectively. Conversely, Brookfield Infrastructure Partners (BIP) and Fervo Energy (FRVO) had the lowest short interest at 0.19% and 1.02%. This data highlights significant bearish positioning in electric utilities, contrasting with bullish analyst ratings for OKLO.
Within the utilities sector, short sellers remain heavily concentrated in electric utilities, with several electricity producers and multi-utility companies ranking among the most heavily shorted stocks in the market as of the April end. Oklo (OKLO) and Otter Tail (OTTR) recorded the highest short interest among utilities stocks with a market capit...