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…
1 GameStop (Ticker: GME); Sector: Retail; Short interest:
37.27 percent; Three-month return: +18 percent.
Comment: Traders continue to fret over anyone in electronics retail.
Piper Jaffray and Lazard both recently reaffirmed neutral ratings.
2 Dole; (Ticker: DOLE);
Sector: Food; Short interest:
37.6 percent; Three-month return: +55
percent.Comment: Rising food prices are weighing on the company's margins.
3 Millennial Media (Ticker: MM); Sector: Mobile advertising;
Short interest: 37.9 percent; Three-month return: +10 percent. Comment: The
Motley Fool recently asked whether we are in the midst of a "mobile advertising
bubble."
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