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For a closer look at retail stocks, one idea is to track short seller trends over time.

We ran a screen on the retail industry for stocks with the most significant increases in shares shorted month-over-month, indicating that short sellers have become more bearish on these names.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six 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.

Do you think these stocks will underperform like short sellers expect? Use this list as a starting point for your own analysis.

List sorted by increase in shares shorted as a percent of share float.

1. Sears Holdings Corporation (NASDAQ:SHLD): Operates as a retailer in the United States and Canada. Market cap of $5.24B. Shares shorted have increased from 10.89M to 14.24M month-over-month, a change representing 8.08% of the company's 41.47M share float. The stock is a short squeeze candidate, with a short float at 13.89% (equivalent to 8.96 days of average volume). The stock has had a couple of great days, gaining 44.12% over the last week.

2. hhgregg, Inc. (NYSE:HGG): Operates as a specialty retailer of consumer electronics, home appliances, and related services. Market cap of $416.33M. Shares shorted have increased from 7.93M to 9.02M month-over-month, a change representing 7.44% of the company's 14.66M share float. The stock is a short squeeze candidate, with a short float at 29.73% (equivalent to 14.97 days of average volume). The stock is currently stuck in a downtrend, trading 12.24% below its SMA20, 22.48% below its SMA50, and 14.25% below its SMA200. The stock has performed poorly over the last month, losing 17.11%.

3. RadioShack Corp. (NYSE:RSH): Engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and kiosk operations. Market cap of $1.02B. Shares shorted have increased from 11.20M to 14.88M month-over-month, a change representing 3.71% of the company's 99.27M share float. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 4.88%, current ratio at 2.82, and quick ratio at 1.59. The stock is a short squeeze candidate, with a short float at 14.98% (equivalent to 5.34 days of average volume). The stock has had a good month, gaining 10.94%.

4. Dillard's Inc. (NYSE:DDS): Operates as an apparel and home furnishing retailer in the United States. Market cap of $2.32B. Shares shorted have increased from 6.60M to 7.54M month-over-month, a change representing 3.24% of the company's 28.97M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.47). The stock is a short squeeze candidate, with a short float at 27.04% (equivalent to 6.94 days of average volume). The stock has gained 10.58% over the last year.

5. Best Buy Co. Inc. (NYSE:BBY): Operates as a retailer of consumer electronics, home office products, entertainment products, appliances, and related services primarily in the United States, Europe, Canada, and China. Market cap of $8.76B. Shares shorted have increased from 30.14M to 37.01M month-over-month, a change representing 2.47% of the company's 277.73M share float. The stock is a short squeeze candidate, with a short float at 13.31% (equivalent to 5.65 days of average volume). The stock has had a good month, gaining 11.61%.

6. Saks Incorporated (NYSE:SKS): Operates fashion retail stores in the United States. Market cap of $1.56B. Shares shorted have increased from 31.50M to 33.34M month-over-month, a change representing 1.81% of the company's 101.62M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.51). The stock is a short squeeze candidate, with a short float at 29.99% (equivalent to 11.27 days of average volume). The stock has had a couple of great days, gaining 5.76% over the last week.

7. Deckers Outdoor Corp. (NYSE:DECK): Engages in the design, production, marketing, and brand management of footwear and accessories for outdoor activities and everyday casual lifestyle use. Market cap of $3.24B. Shares shorted have increased from 4.66M to 5.26M month-over-month, a change representing 1.62% of the company's 37.15M share float. The stock has gained 11.96% over the last year.

8. Wet Seal Inc. (WTSLA): Operates stores that sell fashionable and contemporary apparel and accessory items designed for female customers. Market cap of $324.49M. Shares shorted have increased from 12.25M to 13.52M month-over-month, a change representing 1.58% of the company's 80.20M share float. The stock is a short squeeze candidate, with a short float at 15.64% (equivalent to 8.17 days of average volume). The stock has had a couple of great days, gaining 8.81% over the last week.

9. Columbia Sportswear Company (NASDAQ:COLM): Engages in the design, development, sourcing, marketing, and distribution of outdoor apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. Market cap of $1.56B. Shares shorted have increased from 1.41M to 1.55M month-over-month, a change representing 1.18% of the company's 11.88M share float. The stock is a short squeeze candidate, with a short float at 13.03% (equivalent to 7.37 days of average volume). The stock has lost 21.57% over the last year.

10. Express Inc. (NYSE:EXPR): Operates specialty retail stores in the United States. Market cap of $1.97B. Shares shorted have increased from 4.68M to 5.47M month-over-month, a change representing 1.02% of the company's 77.19M share float. The stock has had a couple of great days, gaining 6.98% over the last week.

*Short data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: Short Sellers Think These 10 Retail Stocks Will Underperform