15 Materials Stocks Being Targeted By Short Sellers

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Compiled by Luis Gonzalez: The following is a list of material sector stocks that have seen a significant increase in shares shorted between 9/30 - 12/31.

Is this excessive pessimism justified, or will the inevitable short-covering provide support to these stocks? Full details below.

Short trends data sourced from AOL Money.


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The list has been sorted by the change in shares shorted over the last three months. (A reminder: All short trends described occur between 9/30 - 12/31)

1. Tanzanian Royalty Exploration Corp. (TRE): Gold Industry. Market cap of $592.84M. Shorted shares increased from 2.08M to 5.7M (+174% increase). Short float at 6.3%, which implies a short ratio of 12.19 days. The stock has gained 54.88% over the last year.

2. RPC Inc. (RES): Oil & Gas Equipment & Services Industry. Market cap of $2.57B. Shorted shares increased from 4.34M to 9.13M (+110% increase). Short float at 21.15%, which implies a short ratio of 7.17 days. The stock has gained 118.39% over the last year.

3. Lufkin Industries Inc. (LUFK): Oil & Gas Equipment & Services Industry. Market cap of $1.83B. Shorted shares increased from 1.18M to 2.39M (+103% increase). Short float at 8.18%, which implies a short ratio of 8.15 days. The stock has gained 73.39% over the last year.

4. Oceaneering International, Inc. (OII): Oil & Gas Equipment & Services Industry. Market cap of $4.02B. Shorted shares increased from 1.93M to 3.63M (+88% increase). Short float at 6.75%, which implies a short ratio of 5.31 days. The stock has gained 31.16% over the last year.

5. Toreador Resources Corp. (TRGL): Independent Oil & Gas Industry. Market cap of $422.58M. Shorted shares increased from 1.03M to 1.85M (+80% increase). Short float at 8.33%, which implies a short ratio of 6.09 days. The stock has gained 54.34% over the last year.

6. Walter Energy, Inc. (WLT): Industrial Metals & Minerals Industry. Market cap of $6.66B. Shorted shares increased from 2.64M to 4.35M (+65% increase). Short float at 8.26%, which implies a short ratio of 2.05 days. The stock has gained 71.81% over the last year.

7. Pioneer Drilling Co. (PDC): Oil & Gas Drilling & Exploration Industry. Market cap of $449.61M. Shorted shares increased from 2.6M to 4.27M (+64% increase). Short float at 8.79%, which implies a short ratio of 5.69 days. The stock has lost -11.32% over the last year.

8. Forest Oil Corp. (FST): Independent Oil & Gas Industry. Market cap of $4.26B. Shorted shares increased from 6.18M to 9.83M (+59% increase). Short float at 8.74%, which implies a short ratio of 6.89 days. The stock has gained 41.07% over the last year.

9. Kodiak Oil & Gas Corp. (KOG): Oil & Gas Drilling & Exploration Industry. Market cap of $875.49M. Shorted shares increased from 10.32M to 16.26M (+58% increase). Short float at 11.83%, which implies a short ratio of 4.14 days. The stock has gained 130.98% over the last year.

10. Superior Energy Services Inc. (SPN): Oil & Gas Equipment & Services Industry. Market cap of $2.84B. Shorted shares increased from 2.66M to 4.04M (+52% increase). Short float at 5.17%, which implies a short ratio of 5.01 days. The stock has gained 42.01% over the last year.

11. Magnum Hunter Resources Corp. (MHR): Oil & Gas Drilling & Exploration Industry. Market cap of $484.74M. Shorted shares increased from 4.09M to 6M (+47% increase). Short float at 8.27%, which implies a short ratio of 3.83 days. The stock has gained 242.72% over the last year.

12. Green Plains Renewable Energy, Inc. (GPRE): Specialty Chemicals Industry. Market cap of $411.83M. Shorted shares increased from 1.17M to 1.69M (+44% increase). Short float at 8.32%, which implies a short ratio of 4.69 days. The stock has lost -14.36% over the last year.

13. Stillwater Mining Co. (SWC): Industrial Metals & Minerals Industry. Market cap of $2.11B. Shorted shares increased from 6.03M to 8.67M (+44% increase). Short float at 18.32%, which implies a short ratio of 2.56 days. The stock has gained 56.45% over the last year.

14. Chemical & Mining Co. of Chile Inc. (SQM): Synthetics Industry. Market cap of $14.02B. Shorted shares increased from 2.15M to 2.98M (+39% increase). Short float at 8.65%, which implies a short ratio of 6.19 days. The stock has gained 32.72% over the last year.

15. Atwood Oceanics, Inc. (ATW): Oil & Gas Drilling & Exploration Industry. Market cap of $2.43B. Shorted shares increased from 4.45M to 6.07M (+36% increase). Short float at 10.8%, which implies a short ratio of 9.28 days. The stock has gained 10.53% over the last year.



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 , Stocks


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