Is Quanta Services (PWR) The Most Crowded Hedge Fund Stock That is Targeted by Short Sellers?
From Yahoo Finance: 2025-05-13 16:03:00
A recent list highlighted the 15 Most Crowded Hedge Fund Stocks Targeted by Short Sellers. Quanta Services, Inc. (PWR) is under scrutiny for its hedge fund activity and short selling interest. The company operates in infrastructure solutions, with 67 hedge fund holders and a short interest of 3.42%.
Quanta Services, Inc. faced recent challenges when Puerto Rico experienced a massive power outage affecting 1.4 million customers. Luma Energy, a joint venture involving Quanta Services, reported technical issues and vegetation on transmission lines as the cause. Power was restored to 56.3% of customers by 1 p.m. EST.
Despite recent setbacks, Piper Sandler initiated coverage on Quanta Services with an Overweight rating. The firm remains optimistic about the stock, citing its market leadership in transmission and distribution services. Analyst Kashy Harrison highlighted the company’s track record of meeting or exceeding earnings expectations since 2019.
Ranked 15th on the list of most crowded hedge fund stocks targeted by short sellers, Quanta Services faces competition from AI stocks. While PWR shows promise, some AI stocks offer higher returns in a shorter time frame. For investors seeking alternatives, a report on the cheapest AI stock with significant upside potential is available for consideration.
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