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Financial stocks have been seeing the brunt of the high volatility characterizing the market recently. For a look into the industry, here are some ideas.

We ran a screen on the financial sector for stocks being highly shorted, with short floats above 10%. We then screened for stocks that have also seen significant net institutional shares sold over the current quarter.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.‬

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.

These financials are besieged with negative sentiment – do you think it’s warranted? Use this list as a starting-off point for your own analysis.

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

1. Radian Group Inc. (NYSE:RDN): Provides credit-related insurance coverage and financial services in the United States and internationally. Market cap of $359.67M. Short float at 16.91%. Net institutional shares sold over the current quarter at 12.4M, which is 9.39% of the company's 132.11M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.82). The stock has had a couple of great days, gaining 21.08% over the last week.

2. Life Partners Holdings, Inc. (NASDAQ:LPHI): Operates in the secondary market for life insurance in the United States. Market cap of $122.46M. Short float at 18.55%. Net institutional shares sold over the current quarter at 1.6M, which is 8.64% of the company's 18.52M share float. The stock is a short squeeze candidate, with a short float at 18.55% (equivalent to 8.46 days of average volume). The stock has lost 52.25% over the last year.

3. GAMCO Investors, Inc. (NYSE:GBL): A publicly owned holding investment manager. Market cap of $1.18B. Short float at 15.87%. Net institutional shares sold over the current quarter at 209.3K, which is 4.52% of the company's 4.63M share float. The stock is a short squeeze candidate, with a short float at 15.87% (equivalent to 11.63 days of average volume). It's been a rough couple of days for the stock, losing 7.34% over the last week.

4. Highwoods Properties Inc. (NYSE:HIW): Engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties. Market cap of $2.21B. Short float at 10.66%. Net institutional shares sold over the current quarter at 3.0M, which is 4.28% of the company's 70.09M share float. The stock is a short squeeze candidate, with a short float at 10.66% (equivalent to 5.97 days of average volume). The stock has had a good month, gaining 11.34%.

5. Value Line, Inc. (NASDAQ:VALU): Engages in the production of investment related periodical publications and provision of investment management services primarily in the United States. Market cap of $120.87M. Short float at 11.72%. Net institutional shares sold over the current quarter at 41.4K, which is 3.16% of the company's 1.31M share float. The stock is a short squeeze candidate, with a short float at 11.72% (equivalent to 23.1 days of average volume). The stock has lost 13.02% over the last year.

*Institutional data sourced from Fidelity, all other data sourced from Finviz.

Source: 5 Highly Shorted Financial Stocks Being Sold Off By Hedge Funds