14 Highly Shorted Stocks with Decreasing Put/Call Ratios

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Below is a list of 14 highly shorted stocks, with short floats above 15% and short ratios greater than 5 days. These stocks have also seen significant decreases in their put/call ratios over the last ten trading days.

Do you think this bullish options sentiment is sustainable?

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List sorted by decrease in put/call ratio over the last ten days.

1. Meredith Corp. (MDP): Publishing - Periodicals Industry. Market cap of $1.55B. The stock is a short squeeze candidate, with a short float at 17.91% (equivalent to 10.17 days of average volume). Put/Call ratio decreased 83.93% over the last two weeks (from 2.24 to 0.36). The stock has gained 1.7% over the last year. 

2. Liz Claiborne Inc. (LIZ): Textile - Apparel Clothing Industry. Market cap of $519.08M. The stock is a short squeeze candidate, with a short float at 22.75% (equivalent to 6.69 days of average volume). Put/Call ratio decreased 44.44% over the last two weeks (from 0.27 to 0.15). This is a risky stock that is significantly more volatile than the overall market (beta = 2.14). The stock has had a good month, gaining 10.46%. 

3. Momenta Pharmaceuticals Inc. (MNTA): Biotechnology Industry. Market cap of $767.08M. The stock is a short squeeze candidate, with a short float at 19.60% (equivalent to 9.07 days of average volume). Put/Call ratio decreased 42.27% over the last two weeks (from 0.97 to 0.56). The stock has had a couple of great days, gaining 7.64% over the last week.

4. Rock-Tenn Co. (RKT): Paper & Paper Products Industry. Market cap of $2.72B. The stock is a short squeeze candidate, with a short float at 24.99% (equivalent to 8.61 days of average volume). Put/Call ratio decreased 39.68% over the last two weeks (from 0.63 to 0.38). The stock has gained 53.11% over the last year.

5. USEC Inc. (USU): Industrial Metals & Minerals Industry. Market cap of $539.55M. The stock is a short squeeze candidate, with a short float at 15.12% (equivalent to 6.89 days of average volume). Put/Call ratio decreased 30.95% over the last two weeks (from 0.42 to 0.29). The stock is currently stuck in a downtrend, trading 9.45% below its SMA20, 17.42% below its SMA50, and 17.43% below its SMA200. USU has lost 8.3% over the last week.

6. Delcath Systems Inc. (DCTH): Drug Delivery Industry. Market cap of $322.35M. The stock is a short squeeze candidate, with a short float at 23.30% (equivalent to 9.54 days of average volume). Put/Call ratio decreased 28.00% over the last two weeks (from 0.5 to 0.36). The stock has had a couple of great days, gaining 7.3% over the last week.

7. hhgregg, Inc. (HGG): Electronics Stores Industry. Market cap of $535.29M. The stock is a short squeeze candidate, with a short float at 27.62% (equivalent to 10.48 days of average volume). Put/Call ratio decreased 26.92% over the last two weeks (from 0.78 to 0.57). The stock has lost 46.59% over the last year.

8. The McClatchy Company (MNI): Publishing - Newspapers Industry. Market cap of $303.52M. The stock is a short squeeze candidate, with a short float at 35.87% (equivalent to 22.66 days of average volume). Put/Call ratio decreased 25.81% over the last two weeks (from 0.31 to 0.23). This is a risky stock that is significantly more volatile than the overall market (beta = 3.2). It's been a rough couple of days for the stock, losing 7.27% over the last week. 

9. Skechers USA Inc. (SKX): Textile - Apparel Footwear & Accessories Industry. Market cap of $978.87M. The stock is a short squeeze candidate, with a short float at 17.99% (equivalent to 5.15 days of average volume). Put/Call ratio decreased 19.30% over the last two weeks (from 0.57 to 0.46). The stock has gained 8.85% over the last week.

10. Questcor Pharmaceuticals, Inc. (QCOR): Biotechnology Industry. Market cap of $901.63M. The stock is a short squeeze candidate, with a short float at 19.42% (equivalent to 10.18 days of average volume). Put/Call ratio decreased 17.14% over the last two weeks (from 0.35 to 0.29). QCOR has a relatively low correlation to the market (beta = -0.17), which may be appealing to risk-averse investors. The stock has had a good month, gaining 16.55%.

11. Coinstar Inc. (CSTR): Business Equipment Industry. Market cap of $1.48B. The stock is a short squeeze candidate, with a short float at 41.13% (equivalent to 5.66 days of average volume). Put/Call ratio decreased 16.09% over the last two weeks (from 0.87 to 0.73). Risk-averse investors may appreciate that CSTR has a relatively low correlation to the market (beta = 0.74). The stock has had a good month, gaining 11.37%.

12. The Children's Place Retail Stores, Inc. (PLCE): Apparel Stores Industry. Market cap of $1.31B. The stock is a short squeeze candidate, with a short float at 24.16% (equivalent to 6.52 days of average volume). Put/Call ratio decreased 15.96% over the last two weeks (from 0.94 to 0.79). The stock has had a good month, gaining 13.64%.

13. Rackspace Hosting, Inc (RAX): Internet Software & Services Industry. Market cap of $5.50B. The stock is a short squeeze candidate, with a short float at 17.09% (equivalent to 8.68 days of average volume). Put/Call ratio decreased 13.64% over the last two weeks (from 0.66 to 0.57). RAX is exhibiting strong upside momentum--currently trading 15.37% above its SMA20, 18.84% above its SMA50, and 59.66% above its SMA200. The stock has gained 16.59% over the last week. 

14. Power-One Inc. (PWER): Diversified Electronics Industry. Market cap of $929.97M. The stock is a short squeeze candidate, with a short float at 40.28% (equivalent to 6.04 days of average volume). Put/Call ratio decreased 12.31% over the last two weeks (from 0.65 to 0.57). This is a risky stock that is significantly more volatile than the overall market (beta = 2.2). The stock has gained 7.07% over the last week.

*Short data sourced from Schaeffer’s, all other data sourced from Finviz.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks


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