Seeking Alpha
Value, growth, long-term horizon, medium-term horizon
Profile| Send Message|
( followers)  

Looking to benefit from potential short squeezes? Then this may be an interesting starting point for your own analysis.

To construct this list we looked at stocks with the following characteristics:
- Short float above 10%
- Price to earnings to growth ratio below 1 (PEG<1)
- Mutual Fund buying over the last two quarters



We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.



Given this information, which of these names do you think is more likely to experience a short squeeze?

1. Medifast Inc. (NYSE:MED): Specialty Retail Industry. Market cap of $380.20M. Short float at 31.23%. PEG at 0.91. On a net basis, mutual funds purchased 147.7K over the current quarter and 90.0K shares during the previous quarter. The stock has had a good month, gaining 44.69%.

2. Synaptics Inc. (NASDAQ:SYNA): Computer Peripherals Industry. Market cap of $1.03B. Short float at 28.62%. PEG at 0.89. On a net basis, mutual funds purchased 281.7K over the current quarter and 3.2M shares during the previous quarter. The stock has had a good month, gaining 17.81%.

3. First Solar, Inc. (NASDAQ:FSLR): Semiconductor Industry. Market cap of $11.14B. Short float at 27.56%. PEG at 0.9. On a net basis, mutual funds purchased 2.6M over the current quarter and 2.5M shares during the previous quarter. The stock has gained 17.49% over the last year.

4. James River Coal Co. (JRCC):
Industrial Metals & Minerals Industry. Market cap of $760.84M. Short float at 23.0%. PEG at 0.76. On a net basis, mutual funds purchased 4.1M over the current quarter and 1.3M shares during the previous quarter. The stock has gained 29.27% over the last year.

5. CBIZ, Inc. (NYSE:CBZ): Business Services Industry. Market cap of $386.56M. Short float at 20.47%. PEG at 0.91. On a net basis, mutual funds purchased 1.9M over the current quarter and 1.2M shares during the previous quarter. The stock has gained 14.24% over the last year.

6. Brown Shoe Co. Inc. (NYSE:BWS): Specialty Retail, Other Industry. Market cap of $499.71M. Short float at 18.51%. PEG at 0.88. On a net basis, mutual funds purchased 2.9M over the current quarter and 562.1K shares during the previous quarter. The stock is currently stuck in a downtrend, trading -6.% below its SMA20, -7.31% below its SMA50, and -11.32% below its SMA200. The stock has lost 32.84% over the last year.

7. OfficeMax Incorporated (NYSE:OMX):
Specialty Retail, Other Industry. Market cap of $710.11M. Short float at 16.13%. PEG at 0.81. On a net basis, mutual funds purchased 593.2K over the current quarter and 3.2M shares during the previous quarter. The stock is currently stuck in a downtrend, trading -18.54% below its SMA20, -30.3% below its SMA50, and -42.82% below its SMA200.

8. Collective Brands, Inc. (NYSE:PSS): Apparel Stores Industry. Market cap of $1.20B. Short float at 14.02%. PEG at 0.95. On a net basis, mutual funds purchased 1.1M over the current quarter and 51.5K shares during the previous quarter. The stock has performed poorly over the last month, losing 11.26%.

9. Cash America International, Inc. (NYSE:CSH): Credit Services Industry. Market cap of $1.44B. Short float at 13.62%. PEG at 0.86. On a net basis, mutual funds purchased 634.7K over the current quarter and 416.4K shares during the previous quarter. The stock has had a good month, gaining 13.43%.

10. Hollysys Automation Technologies, Ltd (NASDAQ:HOLI): Industrial Electrical Equipment Industry. Market cap of $552.12M. Short float at 12.14%. PEG at 0.82. On a net basis, mutual funds purchased 134.3K over the current quarter and 1.2M shares during the previous quarter. The stock is currently stuck in a downtrend, trading -13.71% below its SMA20, -19.96% below its SMA50, and -23.43% below its SMA200.

11. Neutral Tandem, Inc. (NASDAQ:TNDM): Wireless Communications Industry. Market cap of $575.15M. Short float at 11.86%. PEG at 0.98. On a net basis, mutual funds purchased 2.1M over the current quarter and 1.3M shares during the previous quarter. The stock has had a good month, gaining 15.89%.

12. Deckers Outdoor Corp. (NYSE:DECK): Apparel Footwear & Accessories Industry. Market cap of $3.49B. Short float at 11.71%. PEG at 0.96. On a net basis, mutual funds purchased 1.9M over the current quarter and 1.8M shares during the previous quarter. The stock has gained 107.11% over the last year.

13. Chiquita Brands International Inc. (NYSE:CQB):
Farm Products Industry. Market cap of $663.59M. Short float at 10.65%. PEG at 0.75. On a net basis, mutual funds purchased 51.8K over the current quarter and 75.7K shares during the previous quarter. The stock has gained 11.7% over the last year.

14. Insituform Technologies Inc. (INSU): Heavy Construction Industry. Market cap of $1.01B. Short float at 10.6%. PEG at 0.87. On a net basis, mutual funds purchased 446.5K over the current quarter and 1.7M shares during the previous quarter. The stock has gained 13.15% over the last year.

15. United Therapeutics Corp. (NASDAQ:UTHR): Drug Manufacturers Industry. Market cap of $3.80B. Short float at 10.22%. PEG at 0.75. On a net basis, mutual funds purchased 1.1M over the current quarter and 891.7K shares during the previous quarter. The stock has gained 24.52% over the last year.

*Data sourced from Fidelity and Finviz.

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

Source: Short Squeeze Ideas: 15 Highly Shorted Stocks Being Snapped Up by Mutual Funds