29 Stocks That Traders Are Shorting Like Crazy

Jorts

The S&P 500 closed at an all-time high on Friday.

While some think stocks could head higher, many believe we’re overdue for a decent sized sell-off.

And that brings us to our latest list of the most heavily shorted stocks. It has a good mix of just about every sector you can think of — retail, semiconductors, energy, manufacturing and homebuilders.

The names themselves will probably seem familiar — a clothing chain that just can’t catch a break, a video game seller outlet everyone loves to hate, and a mining group we’re pretty sure has been on every single one of these lists.

One thing we should make clear: the stocks in this list are also vulnerable to short-squeezes, or sudden spikes in their price.

We ranked the stock by short interest as a percentage of floating shares.

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permalink=”best-buy-1″
title=”Best Buy”
content=”Ticker: BBY

Short interest: 10.26% float

YTD Return: 165.03%

Sector: Retail

Comment: Best Buy continues to suffer from poor margins and weak cash flow.

Data from Bloomberg
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permalink=”mylan-inc-2″
title=”Mylan Inc.”
content=”Ticker: MYL

Short interest: 10.27% float

YTD Return: 31.41%

Sector: Pharma

Comment: Mylan recently lowered 2013 revenue forecasts on Indian and Japanese currency weakness.

Data from Bloomberg
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permalink=”salesforcecom-3″
title=”Salesforce.com”
content=”Ticker: CRM

Short interest: 10.29% float

YTD Return:6.37%

Sector: Business management

Comment: Salesforce is coming under pressure from Google’s inroads into its services including email marketing, Fool.com’s Jordan Wathen said.

Data from Bloomberg
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permalink=”quest-diagnostics-4″
title=”Quest Diagnostics”
content=”Ticker: DGX

Short interest: 10.47% float

YTD Return: –0.09%

Sector: Life sciences

Comment: Quest recently recorded its third-straight profit miss on Medicare cuts. Q2 income declined -12.8% YOY to $US152.7 million.

Data from Bloomberg
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permalink=”garmin-5″
title=”Garmin”
content=”Ticker: GRMN

Short interest: 10.57% float

YTD Return:-5.53%

Sector: Retail

Comment: Garmin’s recent earnings fell 22% to $US0.76/share, and sales were off 3% YOY to $US696,563 on weakness in the personal navigation device market.

Data from Bloomberg
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[slide
permalink=”microchip-technology-inc-6″
title=”Microchip Technology Inc”
content=”Ticker: MCHP

Short interest:10.74% float

YTD Return:22.9%

Sector:Semiconductors

Comment:Microchip shares spent two years unable to get back to $US40 a share, and only just broke through the mark.

Data from Bloomberg
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permalink=”netapp-7″
title=”NetApp”
content=”Ticker: NTAP

Short interest: 11.15% float

YTD Return:20.23%

Sector: Data storage

Comment: NetApp’s income for the quarter ending in April declined -3.8% to $US170 million on flagging demand.

Data from Bloomberg
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permalink=”diamond-offshore-drilling-8″
title=”Diamond Offshore Drilling”
content=”Ticker: DO

Short interest: 11.35% float

YTD Return:-2.61%

Sector: Energy

Comment: Diamond’s Q2 revenues declined 4.2% YOY to $US760 million, and the company also says it’s suffering from higher costs.

Data from Bloomberg
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permalink=”chesapeake-9″
title=”Chesapeake”
content=”Ticker: CHK

Short interest: 11.49% float

YTD Return:50.3%

Sector: Energy

Comment:Chesapeake net income fell 51% YOY to $US457 million on weaker natural gas liquids prices.

Data from Bloomberg
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permalink=”teradyne-10″
title=”Teradyne”
content=”Ticker: TER

Short interest: 12.99% float

YTD Return:-5.03%

Sector: Electronics

Comment: Teradyne has struggled to generate strong free cash flow, Fool.com says. Q2 revenue fell YOY 22% to $US429 million.

Data from Bloomberg
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[slide
permalink=”dr-horton-11″
title=”DR Horton”
content=”Ticker: DHI

Short interest: 13.07% float

YTD Return:-0.05%

Sector: Homebuilding

Comment: DR Horton income fell 81% in Q2 to $US146 million on ‘lower-than-projected orders and deliveries.’

Data from Bloomberg
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permalink=”verisign-12″
title=”VeriSign”
content=”Ticker: VRSN

Short interest: 13.27% float

YTD Return:21.51%

Sector: Internet services

Comment: Verisign’s domain registration renewals declined on Europe weakness nad changes in Google algorithms.

Data from Bloomberg
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permalink=”windstream-13″
title=”Windstream”
content=”Ticker: WIN

Short interest: 13.38% float

YTD Return:-2.39%

Sector: Telecom

Comment: Windstream’s stock has declined more than 40% since reaching highs of about $US14 in 2010.

Data from Bloomberg
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[slide
permalink=”tripadvisor-14″
title=”TripAdvisor”
content=”Ticker: TRIP

Short interest: 14.25% float

YTD Return:71.63%

Sector: E-commerce

Comment: TripAdvisor’s hedge fund bulls declined 15% in Q2 to 41.

Data from Bloomberg
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[slide
permalink=”netflix-15″
title=”Netflix”
content=”Ticker: NFLX

Short interest: 14.35% float

YTD Return:167.56%

Sector: Media

Comment: Netflix must increase its subscriber base to support its current value, according to Gabelli & Co.

Data from Bloomberg
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[slide
permalink=”advanced-micro-devices-16″
title=”Advanced Micro Devices”
content=”Ticker: AMD

Short interest: 15.42% float

YTD Return:50.20%

Sector: Semiconductors

Comment: Advanced Micro Devices recently saw downgrades from Credit Suisse and Morgan Stanley. The stock has declined about -5% over the past year.

Data from Bloomberg
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[slide
permalink=”joy-global-17″
title=”Joy Global”
content=”Ticker: JOY

Short interest: 15.44% float

YTD Return:-23.52%

Sector: Mining

Comment: Joy was recently downgraded by Goldman Sachs on slowing capex.

Data from Bloomberg
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[slide
permalink=”first-solar-18″
title=”First Solar”
content=”Ticker: FSLR

Short interest: 15.63% float

YTD Return:47.86%

Sector: Energy

Comment: First Solar was recently downgraded by Raymond James on broader ‘irrational exuberance’ in the market.

Data from Bloomberg
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[slide
permalink=”dun-and-bradstreet-19″
title=”Dun & Bradstreet”
content=”Ticker: DNB

Short interest: 15.67% float

YTD Return:36.46%

Sector: Research

Comment: Dun & Bradstreet’s credit rating was recently cut to BBB by S&P, citing problems.

Data from Bloomberg
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[slide
permalink=”intercontinentalexchange-20″
title=”IntercontinentalExchange”
content=”Ticker: ICE

Short interest: 15.88% float

YTD Return:50.85%

Sector: Futures exchange

Comment: ICE’s Q1 income fell 8% to 135.4 million on rising expenses and falling revenue from fees.

Data from Bloomberg
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[slide
permalink=”hasbro-21″
title=”Hasbro”
content=”Ticker: HAS

Short interest: 16.47% float

YTD Return:31.18%

Sector: Consumer products

Comment: Hasbro Q2 net income fell 16% to $US36.5 million on weak sales.

Data from Bloomberg
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[slide
permalink=”lennar-22″
title=”Lennar”
content=”Ticker: LEN

Short interest: 17.36% float

YTD Return:-12.96%

Sector: Homebuilding

Comment: Lennar recently warned on rising mortgage rates.

Data from Bloomberg
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[slide
permalink=”safeway-23″
title=”Safeway”
content=”Ticker: SWY

Short interest: 19.83% float

YTD Return:38.15%

Sector: Retail

Comment: Safeway shares recently saw a 10-year-low drop in price after the company reported lower same-store sales.

Data from Bloomberg
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[slide
permalink=”gamestop-24″
title=”GameStop”
content=”Ticker: GME

Short interest: 24.35% float

YTD Return:96.38%

Sector: Retail

Comment: GameStop recently reported a 30.6% decline in new hardware sales and a 7.5% decline in pre-owned sales.

Data from Bloomberg
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[slide
permalink=”frontier-communications-25″
title=”Frontier Communications”
content=”Ticker: FTR

Short interest: 24.44% float

YTD Return:2.98%

Sector: Telecom

Comment: Frontier’s long-term debt to equity ratio stands at 203% of stockholder’s equity, which Fool.com calls ‘astounding.’

Data from Bloomberg
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[slide
permalink=”jc-penney-26″
title=”JC Penney”
content=”Ticker: JCP

Short interest: 26.15% float

YTD Return:-31.48%

Sector: Retail

Comment: JCP recently denied a CIT report it was ‘having credit problems again.’

Data from Bloomberg
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[slide
permalink=”us-steel-27″
title=”US Steel”
content=”Ticker: X

Short interest: 30.12% float

YTD Return:-32.64%

Sector: Manufacturing

Comment: U.S. Steel has posted five losses in its last seven quarters.

Data from Bloomberg
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[slide
permalink=”pitney-bowes-28″
title=”Pitney Bowes”
content=”Ticker: PBI

Short interest: 30.12% float

YTD Return:61.82%

Sector: Business services

Comment: Pitney Bowes just slashed its Q2 dividend 50% to 18.75 cents.

Data from Bloomberg
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[slide
permalink=”cliffs-natural-resources-29″
title=”Cliffs Natural Resources”
content=”Ticker: PBI

Short interest: 30.12% float

YTD Return:-46.97%

Sector: Business services

Comment: Cliffs profits just declined 43% to $US146 million.

Data from Bloomberg
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[slide
permalink=”more-on-stocks-30″
title=”More on stocks…”
content=”

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