15 European Stocks Being Targeted by Short Sellers

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Includes: ABB, AIBYY, ASPS, BBL, BT, CCHBY, CMPR, DSX, IEV, IR, IRE, NBGGY, NGG, SNN, SNY, TS
by: Kapitall

The following is a list of European stocks that have seen a sharp increase in short interest over the last three months.

To create the list, we started with a universe of about 100 European stocks. We then narrowed down the universe by only focusing on stocks that have seen a sharp increase in shares shorted between 8/31 - 11/30.

Short sellers seem to think these stocks are vulnerable, what do you think? Full analysis below.

Short trends data sourced from AOL Money, current short float data sourced from Finviz.

click for expanded image

1. Allied Irish Banks plc (AIB): Ireland. Foreign Money Center Banks Industry. Market cap of $722.6M. Shorted shares have increased from 1.09M to 16.09M. Short float at 2.54%, which implies a short ratio of 1.8 days. The stock has lost -64.35% over the last year.

2. The Governor and Company of The Bank of Ireland (NYSE:IRE): Ireland. Foreign Regional Banks Industry. Market cap of $3.38B. Shorted shares have increased from 1.56M to 15.55M. Short float at 1.18%, which implies a short ratio of 1.21 days. The stock has lost -64.53% over the last year.

3. BT Group plc (NYSE:BT): United Kingdom. Telecom Services Industry. Market cap of $22.54B. Shorted shares have increased from 92K to 449K. Short float at 0.06%, which implies a short ratio of 3.7 days. The stock has gained 37.81% over the last year.

4. Coca-Cola Hellenic Bottling Company S.A. (CCH): Greece. Beverages Industry. Market cap of $9.38B. Shorted shares have increased from 19K to 54K. Short float at 0.04%, which implies a short ratio of 4.4 days. The stock has gained 16.75% over the last year.

5. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS): Luxembourg. Mortgage Investment Industry. Market cap of $724.44M. Shorted shares have increased from 95K to 260K. Short float at 1.04%, which implies a short ratio of 1.43 days. The stock has gained 58.13% over the last year.

6. Vistaprint N.V. (VPRT): Netherlands. Business Services Industry. Market cap of $1.92B. Shorted shares have increased from 2.24M to 5.7M. Short float at 13.61%, which implies a short ratio of 9.54 days. The stock has lost -22.33% over the last year.

7. BHP Billiton plc (NYSE:BBL): United Kingdom. Industrial Metals & Minerals Industry. Market cap of $216.79B. Shorted shares have increased from 353K to 832K. Short float at 0.03%, which implies a short ratio of 0.54 days. The stock has gained 30.12% over the last year.

8. Sanofi-Aventis (NYSE:SNY): France. Drug Manufacturers Industry. Market cap of $84.02B. Shorted shares have increased from 2.5M to 4.96M. Short float at 0.23%, which implies a short ratio of 2.21 days. The stock has lost -13.18% over the last year.

9. ABB Ltd. (NYSE:ABB): Switzerland. Industrial Electrical Equipment Industry. Market cap of $49.58B. Shorted shares have increased from 1.97M to 3.86M. Short float at 0.17%, which implies a short ratio of 1.48 days. The stock has gained 22.1% over the last year.

10. Ingersoll-Rand Plc (NYSE:IR): Ireland. Diversified Machinery Industry. Market cap of $15.26B. Shorted shares have increased from 14.5M to 27.96M. Short float at 8.64%, which implies a short ratio of 6.06 days. The stock has gained 33.27% over the last year.

11. Tenaris SA (NYSE:TS): Luxembourg. Steel & Iron Industry. Market cap of $28.66B. Shorted shares have increased from 3.73M to 6.95M. Short float at 2.99%, which implies a short ratio of 3.87 days. The stock has gained 22.6% over the last year.

12. Diana Shipping Inc. (NYSE:DSX): Greece. Shipping Industry. Market cap of $1.04B. Shorted shares have increased from 499K to 926K. Short float at 1.37%, which implies a short ratio of 1.14 days. The stock has lost -15.23% over the last year.

13. National Bank of Greece SA (NBG): Greece. Money Center Banks Industry. Market cap of $5.03B. Shorted shares have increased from 3.74M to 6.89M. Short float at 0.23%, which implies a short ratio of 1.28 days. The stock has lost -65.09% over the last year.

14. National Grid plc (NYSE:NGG): United Kingdom. Gas Utilities Industry. Market cap of $31.08B. Shorted shares have increased from 292K to 533K. Short float at 0.08%, which implies a short ratio of 0.75 days. The stock has lost -9.14% over the last year.

15. Smith & Nephew plc (NYSE:SNN): United Kingdom. Medical Appliances & Equipment Industry. Market cap of $9.16B. Shorted shares have increased from 500K to 892K. Short float at 0.5%, which implies a short ratio of 8.23 days. The stock has gained 4.36% over the last year.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.