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Below we list 15 companies under high selling pressure – these companies have seen net institutional selling over the last quarter, they are oversold according to the RSI indicator, and they are highly shorted with short floats above 10%.

Do you think this excessive pessimism is justified? Use this list as a starting off point for your own analysis into beaten-down stocks.



List sorted by net institutional shares sold as a percent of share float.

1. Scholastic Corporation (NASDAQ:SCHL): Books Industry. Market cap of $775.95M. RSI(14) at 29.03. Short float at 18.55% (equivalent to 18.26 days of average volume). Net institutional shares sold in current quarter at 6.0M, which is 34.05% of a 17.62M share float. The stock is currently stuck in a downtrend, trading 5.73% below its SMA20, 11.18% below its SMA50, and 7.02% below its SMA200. The stock has performed poorly over the last month, losing 10.74%.



2. Strayer Education Inc. (NASDAQ:STRA): Education & Training Services Industry. Market cap of $1.52B. RSI(14) at 34.07. Short float at 19.61% (equivalent to 10.24 days of average volume). Net institutional shares sold in current quarter at 2.8M, which is 24.65% of a 11.36M share float. It's been a rough couple of days for the stock, losing 15.25% over the last week.



3. CenturyLink, Inc. (NYSE:CTL): Telecom Services Industry. Market cap of $12.24B. RSI(14) at 37.17. Short float at 10.99% (equivalent to 6.96 days of average volume). Net institutional shares sold in current quarter at 53.0M, which is 17.44% of a 303.96M share float. The stock has gained 19.1% over the last year.



4. Genco Shipping & Trading Ltd. (GNK): Shipping Industry. Market cap of $348.0M. RSI(14) at 15.57. Short float at 15.98% (equivalent to 3.7 days of average volume). Net institutional shares sold in current quarter at 3.5M, which is 12.12% of a 28.88M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.17). It's been a rough couple of days for the stock, losing 7.63% over the last week.

5. Sears Holdings Corporation (NASDAQ:SHLD): Department Stores Industry. Market cap of $8.51B. RSI(14) at 34.12. Short float at 10.49% (equivalent to 16.07 days of average volume). Net institutional shares sold in current quarter at 4.5M, which is 11.54% of a 38.99M share float. The stock has lost 27.17% over the last year.

6. Synaptics Inc. (NASDAQ:SYNA): Computer Peripherals Industry. Market cap of $880.72M. RSI(14) at 36.77. Short float at 29.90% (equivalent to 17.45 days of average volume). Net institutional shares sold in current quarter at 3.3M, which is 11.35% of a 29.08M share float. SYNA might be undervalued at current levels, with a PEG ratio at 0.88, and P/FCF ratio at 9.79. The stock has lost 11.06% over the last year.

7. Corinthian Colleges Inc. (NASDAQ:COCO): Education & Training Services Industry. Market cap of $364.50M. RSI(14) at 38.26. Short float at 33.96% (equivalent to 6.28 days of average volume). Net institutional shares sold in current quarter at 8.5M, which is 11.06% of a 76.87M share float. It's been a rough couple of days for the stock, losing 13.97% over the last week.

8. Barnes & Noble, Inc. (NYSE:BKS): Specialty Retail Industry. Market cap of $546.47M. RSI(14) at 27.89. Short float at 51.83% (equivalent to 15.17 days of average volume). Net institutional shares sold in current quarter at 2.0M, which is 9.25% of a 21.63M share float. The stock is currently stuck in a downtrend, trading 5.63% below its SMA20, 28.51% below its SMA50, and 38.06% below its SMA200. The stock has lost 57.1% over the last year.

9. ITT Educational Services Inc. (NYSE:ESI):
Education & Training Services Industry. Market cap of $1.93B. RSI(14) at 39.45. Short float at 16.82% (equivalent to 6.23 days of average volume). Net institutional shares sold in current quarter at 2.2M, which is 9.17% of a 24.00M share float. It's been a rough couple of days for the stock, losing 11.71% over the last week.

10. JA Solar Holdings Co., Ltd. (NASDAQ:JASO): Semiconductor Industry. Market cap of $1.06B. RSI(14) at 33.04. Short float at 20.30% (equivalent to 2.63 days of average volume). Net institutional shares sold in current quarter at 10.5M, which is 8.93% of a 117.58M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.99). The stock is currently stuck in a downtrend, trading 8.62% below its SMA20, 13.29% below its SMA50, and 15.09% below its SMA200. It's been a rough couple of days for the stock, losing 6.57% over the last week.

11. ReneSola Ltd. (NYSE:SOL): Semiconductor Industry. Market cap of $799.89M. RSI(14) at 34.03. Short float at 19.36% (equivalent to 2.06 days of average volume). Net institutional shares sold in current quarter at 5.2M, which is 8.87% of a 58.61M share float. It's been a rough couple of days for the stock, losing 5.92% over the last week.

12. DineEquity, Inc. (NYSE:DIN): Restaurants Industry. Market cap of $928.54M. RSI(14) at 35.81. Short float at 14.96% (equivalent to 14.14 days of average volume). Net institutional shares sold in current quarter at 987.1K, which is 6.51% of a 15.16M share float. The stock has gained 15.21% over the last year.

13. Suntech Power Holdings Co. Ltd. (NYSE:STP): Diversified Electronics Industry. Market cap of $1.63B. RSI(14) at 39.07. Short float at 18.20% (equivalent to 4.25 days of average volume). Net institutional shares sold in current quarter at 7.3M, which is 5.77% of a 126.46M share float. The stock has lost 36.23% over the last year.

14. Sourcefire, Inc. (NASDAQ:FIRE): Security Software & Services Industry. Market cap of $689.75M. RSI(14) at 35.29. Short float at 12.03% (equivalent to 8.92 days of average volume). Net institutional shares sold in current quarter at 1.3M, which is 5.45% of a 23.84M share float.

15. Callaway Golf Co. (NYSE:ELY): Sporting Goods Industry. Market cap of $435.41M. RSI(14) at 36.29. Short float at 15.19% (equivalent to 13.36 days of average volume). Net institutional shares sold in current quarter at 3.2M, which is 5.07% of a 63.08M share float. The stock has lost 30.17% over the last year.

*Institutional data sourced from Fidelity, share float sourced from Yahoo! Finance, 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: 15 Highly Shorted, Oversold Stocks Being Sold by Institutions