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We've started using ShortScreen, an interesting app available in the SeekingAlpha App Store. The app uses the Altman Z-Score model to try and predict bankruptcy up to two years before it occurs. According to ShortScreen.com, the model has been proven to be 72% accurate.

Below is a list of the ten most distressed stocks above $10. The smaller (more negative) the distance from the distress threshold, the more distressed the company is according to the model.

For each stock, we'll list short float and liquidity ratios. Altman Z-scores sourced from the ShortScreen app, short data sourced from Finviz. (Click to enlarge)

1. BroadVision Inc. (NASDAQ:BVSN): Internet Software & Services Industry. Market cap of $45.61M. Altman Z-score at -50.5696. Short float at 0.02%, which implies a short ratio of 0.12 days. Current ratio at 4.94.

2. VeriSign Inc. (NASDAQ:VRSN): Application Software Industry. Market cap of $5.05B. Altman Z-score at -21.7336. Short float at 8.82%, which implies a short ratio of 3.16 days. Current ratio at 2.25.

3. Cadiz Inc. (NASDAQ:CDZI): Business Services Industry. Market cap of $136.94M. Altman Z-score at -16.6821. Short float at 4.83%, which implies a short ratio of 14.14 days. Current ratio at 7.05.

4. Ariba Inc. (NASDAQ:ARBA): Internet Software & Services Industry. Market cap of $1.35B. Altman Z-score at -15.3046. Short float at 5.94%, which implies a short ratio of 5.57 days. Current ratio at 1.22.

5. Applied Micro Circuits Corp. (NASDAQ:AMCC): Semiconductor Industry. Market cap of $756.34M. Altman Z-score at -10.4613. Short float at 9.92%, which implies a short ratio of 5.57 days. Current ratio at 7.62.

6. InterMune Inc. (NASDAQ:ITMN): Biotechnology Industry. Market cap of $572.98M. Altman Z-score at -6.1311. Short float at 8.09%, which implies a short ratio of 3.88 days. Current ratio at 6.69.

7. Theravance Inc. (NASDAQ:THRX): Biotechnology Industry. Market cap of $936.22M. Altman Z-score at -5.5574. Short float at 9.59%, which implies a short ratio of 11.82 days. Current ratio at 6.01.

8. HEALTHSOUTH Corp. (NYSE:HLS): Specialized Health Services Industry. Market cap of $1.56B. Altman Z-score at -4.9584. Short float at 13.78%, which implies a short ratio of 17.88 days. Current ratio at 1.29.

9. Incyte Corporation (NASDAQ:INCY): Biotechnology Industry. Market cap of $1.44B. Altman Z-score at -4.7214. Short float at 14.03%, which implies a short ratio of 10.83 days. Current ratio at 4.07.

10. Domino's Pizza, Inc. (NYSE:DPZ): Restaurants Industry. Market cap of $746.05M. Altman Z-score at -4.2847. Short float at 6.59%, which implies a short ratio of 4.36 days. Current ratio at 1.53.

Disclosure: No positions

Source: 10 Most Distressed Stocks Above $10