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Below is a list of highly shorted stocks, with short floats above 15% and short ratios greater than 5 days. These stocks have also seen significant increases in their put/call ratios over the last ten trading days.

With the number of put option contracts growing so rapidly relative to call option contracts, do you think these are contrarian opportunities to buy in? Read below, using this list as a starting-off point for your own analysis.



List sorted by increase in put/call ratio over the last ten days.

1. Auxilium Pharmaceuticals Inc. (AUXL): Drug Related Products Industry. Market cap of $1.05B. The stock is a short squeeze candidate, with a short float at 19.27% (equivalent to 13.47 days of average volume). Put/Call ratio increased 286.00% over the last two weeks (from 0.5 to 1.93). The stock has lost 29.49% over the last year.

2. Sonic Automotive Inc. (SAH): Auto Dealerships Industry. Market cap of $751.20M. The stock is a short squeeze candidate, with a short float at 17.20% (equivalent to 9.76 days of average volume). Put/Call ratio increased 277.01% over the last two weeks (from 0.87 to 3.28). The stock has gained 8.63% over the last week.

3. Savient Pharmaceuticals, Inc. (SVNT): Biotechnology Industry. Market cap of $744.84M. The stock is a short squeeze candidate, with a short float at 20.76% (equivalent to 5.52 days of average volume). Put/Call ratio increased 85.06% over the last two weeks (from 0.87 to 1.61). This is a risky stock that is significantly more volatile than the overall market (beta = 2.11). The stock has recently rebounded, and is currently trading 6.81% above its SMA20 and 7.04% above its SMA50. However, the stock still trades 21.69% below its SMA200.

4. Synaptics Inc. (SYNA): Computer Peripherals Industry. Market cap of $930.64M. The stock is a short squeeze candidate, with a short float at 29.82% (equivalent to 17.06 days of average volume). Put/Call ratio increased 41.55% over the last two weeks (from 2.84 to 4.02). The stock might be undervalued at current levels, with a PEG ratio at 0.93, and P/FCF ratio at 10.34. The stock has lost 0.57% over the last year.

5. Comstock Resources Inc. (CRK): Independent Oil & Gas Industry. Market cap of $1.48B. The stock is a short squeeze candidate, with a short float at 18.54% (equivalent to 8.58 days of average volume). Put/Call ratio increased 38.16% over the last two weeks (from 0.76 to 1.05). It is exhibiting strong upside momentum--currently trading 11.1% above its SMA20, 15.72% above its SMA50, and 23.55% above its SMA200.

6. Dillard's Inc. (DDS): Department Stores Industry. Market cap of $2.42B. The stock is a short squeeze candidate, with a short float at 24.86% (equivalent to 7.09 days of average volume). Put/Call ratio increased 31.82% over the last two weeks (from 0.88 to 1.16). This is a risky stock that is significantly more volatile than the overall market (beta = 2.53). The stock has gained 72.26% over the last year.

7. Brunswick Corporation (BC): Recreational Goods Industry. Market cap of $2.27B. The stock is a short squeeze candidate, with a short float at 16.88% (equivalent to 12.67 days of average volume). Put/Call ratio increased 27.47% over the last two weeks (from 0.91 to 1.16).

*Short data sourced from Schaeffer’s, all other data sourced from Finviz.


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

Source: Squeeze Ideas: 7 Short Squeeze Candidates