15 Stocks That Traders Shorting Like Crazy

Photo: flickr/benfulton

U.S. stocks remain near multi-year highs even as the near-term outlook for profits continues to deteriorate.This has short-sellers frustrated as they get crushed by their bets gone bad.

Obviously, some stocks are more shorted more than others.

We compiled a list of the 15 stocks with the highest short interest as a percentage of float.

The list includes big-box retailers and players in media.

Many stocks are up significantly, but traders are betting heavily on a major turn.

GameStop

Ticker: GME

Sector: Retail

Short interest: 37.27 per cent

Three-month return: +18 per cent

Comment: Traders continue to fret over anyone in electronics retail. Piper Jaffray and Lazard both recently reaffirmed neutral ratings.

Source: Bloomberg

Dole

Ticker: DOLE

Sector: Food

Short interest: 37.6 per cent

Three-month return: +55 per cent

Comment: Rising food prices are weighing on the company's margins.

Source: Bloomberg

Millennial Media

Ticker: MM

Sector: Mobile advertising

Short interest: 37.9 per cent

Three-month return: +10 per cent

Comment: The Motley Fool recently asked whether we are in the midst of a 'mobile advertising bubble.'

Source: Bloomberg

Higher One Holdings

Ticker: ONE

Sector: For-profit education

Short interest: 39.27 per cent

Three-month return: +6 per cent

Comment: Traders also believe the stock will not recover from a devastating report earlier this year alleging improper credit schemes.

Source: Bloomberg

SUPERVALU

Ticker: SVU

Sector: Grocery

Short interest: 40.29 per cent

Three-month return: -55 per cent

Comment: 60 SUPERVALU stores are set to close this year.

Source: Bloomberg

Sturm Ruger

Ticker: RGR

Sector: Firearms

Short interest: 42.02 per cent

Three-month return: +22 per cent

Comment: A surge in gun sales that's coincided with the increasing likelihood President Obama gets reelected will probably recede.

Source: Bloomberg

Radioshack

Ticker: RSH

Sector: Retail

Short interest: 42.19 per cent

Three-month return: -38 per cent

Comment: 'Don't Buy RadioShack: No Turnaround Expected Despite High Cash Levels,' screamed a recent headline from SeekingAlpha.

Source: Bloomberg

Molycorp

Ticker: MCP

Sector: Rare earth metals

Short interest: 43.06 per cent

Three-month return: -48 per cent

Comment: Slowing global consumption did not help when the stock recently fell 11 per cent, allegedly the result of a nasty article, according to SeekingAlpha.

Source: Bloomberg

KB Home

Ticker: KBH

Sector: Homebuilder

Short interest: 43.41 per cent

Three-month return: +45 per cent

Comment: Four years after the housing crash, analysts' still forecast a -$0.16 EPS last quarter, as the company remains weighed down by debt.

Source: Bloomberg

American Greetings

Ticker: AM

Sector: Manufacturing

Short interest: 44.35 per cent

Three-month return: +14 per cent

Comment: A recent acquisition of a major U.K. competitor failed to that the company from reporting a 2nd quarter loss.

Source: Bloomberg

Yelp

Ticker: YELP

Sector: e-commerce

Short interest: 44.66 per cent

Three-month return: +17 per cent

Comment: Just one week after their stock expired, the COO, CFO, and CEO have all sold stock of varying quantities and significance, according to SeekingAlpha.

Source: Bloomberg

USANA Health Sciences

Ticker: USNA

Sector: e-commerce

Short interest: 48.77 per cent

Three-month return: +14 per cent

Comment: Fears about the company losing licenses in China continue to weigh.

Source: Bloomberg

hhgregg Inc

Ticker: HGG

Sector: Retail

Short interest: 54.39 per cent

Three-month return: -40 per cent

Comment: Amazon's omnipotence appears to be affecting this big-box seller more than others.

Source: Bloomberg

AMREP Corp

Ticker: AXR

Sector: Media

Short interest: 63.33 per cent

Three-month return: +63 per cent

Comment: Slowing magazine sales have led to at least two-consecutive quarter-losses

Source: Bloomberg

Pandora

Ticker: P

Sector: Media

Short interest: 74.76 per cent

Three-month return: -3 per cent

Comment: News that Apple has a Pandora-esque radio service in sight has sent traders scrambling.

Source: Bloomberg

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