Ondas Surpasses Tech Stocks in Short Interest; Ubiquiti Has Lowest Exposure
In September, the technology sector (XLK) experienced a modest gain despite broader market volatility. However, short interest within the tech space remained sharply divided. Some hardware and software companies saw double-digit increases in short interest, while major tech firms were less targeted by short sellers. Ondas Holding Inc., known for its cybersecurity solutions, topped technology stocks with high levels of short interest during this period. In contrast, Ubiquiti Networks showed the lowest exposure to short selling activity among its peers. This divergence highlights differing investor sentiments toward specific sub-sectors and individual companies within tech.
Tickers: $ONDS