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Here is a list of stocks seeing unusually high trading volume ahead of their earnings releases this week. The screen is based on the following:

  • All companies are reporting earnings over the next week
  • To control the quality of the list, we only focus on companies with market caps north of $300M
  • We only list companies with relative volume greater than 2, which implies that current volume on these stocks is more than double their 3-month averages

Here is an interactive chart (click for expanded image) of analyst opinion on all the companies mentioned in this article. More detailed analysis follows below.

1. Acacia Research Corporation (NASDAQ:ACTG): Research Services Industry. The company acquires, develops, licenses, and enforces patented technologies in the United States. Market cap of $544.37M. Relative volume is currently at 2.1. Short float of 3.74%, which implies a short ratio of 3.9 days. The stock has gained 12.73% over the last month, and the earnings release is due on July 22.

2. Affymetrix Inc. (NASDAQ:AFFX): Scientific & Technical Instruments Industry. The company engages in the development, manufacture, sale, and servicing of consumables and systems for genetic analysis in the life sciences and clinical healthcare markets. Market cap of $313.11M. Relative volume is currently at 2.31. Short float of 13.28%, which implies a short ratio of 5.84 days. The stock has lost -29.95% over the last month, and the earnings release is due on July 21.

3. Navigant Consulting Inc. (NYSE:NCI): Management Services Industry. A specialty consulting firm, provides services to companies in addressing the challenges of uncertainty, risk, distress, and significant change. Market cap of $473.11M. Relative volume is currently at 2.03. Short float of 3.21%, which implies a short ratio of 4.49 days. The stock has lost -16.89% over the last month, and the earnings release is due on July 19.

4. Nidec Corp. (NYSE:NJ): Industrial Electrical Equipment Industry. The company is involved in the design, development, manufacture, and marketing of small precision motors, mid-size motors, machinery, and electronic and optical components. Market cap of $1.32B. Relative volume is currently at 6.91. Short float of 0.02%, which implies a short ratio of 1.26 days. The stock has lost -1.09% over the last month, and the earnings release is due on July 23.

5. Universal Health Realty Income Trust (NYSE:UHT): Healthcare Facilities REIT. Market cap of $404.89M. Relative volume is currently at 2.13. Short float of 2.63%, which implies a short ratio of 4.31 days. The stock has gained 4.17% over the last month, and the earnings release is due on July 19.

6. VCA Antech Inc. (NASDAQ:WOOF): Personal Services Industry. Operates as an animal healthcare company in the United States and Canada. Market cap of $2.12B. Relative volume is currently at 2.1. Short float of 8.26%, which implies a short ratio of 14.85 days. The stock has lost -8.85% over the last month, and the earnings release is due on July 22.

Disclosure: No positions

Source: 6 Stocks Seeing Abnormal Volume Ahead of Earnings