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  • 10 Heavily Shorted Takeover Targets 0 comments
    Aug 30, 2010 10:36 AM | about stocks: BKS, ATHN, IPI, X, RGS, WBSN, CBOE, FIRE, SFSF, JOSB

    The following is a list of 10 takeover targets with significant short interest. To develop the list, we started by creating a universe of about 80 stocks that have been labeled as takeover targets by various publications, including Barrions, Wall Street Journal, Marketwatch, TheStreet.com and StreetInsider.

    We then collected data on short positions for this universe of takeover targets. The stocks mentioned here have the highest short float percentages in this universe of takeover targets. The complete universe that we used for the screen can be accessed here.

    Will a short squeeze help these stocks if takeover rumors start surfacing? Or is this significant short interest an indication of a low takeover probability?

    Short float data sourced from Finviz. More details below.



    1. Barnes & Noble, Inc. (NYSE:BKS): Specialty Retail Industry. Market cap of $868.09M. Short float at 42.77%, which implies a short ratio of 11.83 days. The stock has lost -20.98% over the last year.

    2. Athenahealth, Inc. (NASDAQ:ATHN): Business Services Industry. Market cap of $951.14M. Short float at 35.63%, which implies a short ratio of 14.38 days. The stock has lost -30.32% over the last year.

    3. Intrepid Potash, Inc. (NYSE:IPI): Nonmetallic Mineral Mining Industry. Market cap of 1,731B. Short float at 24.26%, which implies a short ratio of 9.47 days. The stock has lost -7.32% over the last year.

    4. United States Steel Corp. (NYSE:X): Metal Fabrication Industry. Market cap of 6,275B. Short float at 19.22%, which implies a short ratio of 2.06 days. The stock has gained 1.06% over the last year.

    5. Regis Corp. (NYSE:RGS): Personal Services Industry. Market cap of $974.59M. Short float at 15.31%, which implies a short ratio of 11.57 days. The stock has gained 2.41% over the last year.

    6. Websense, Inc. (NASDAQ:WBSN): Internet Software & Services Industry. Market cap of $850.9M. Short float at 12.68%, which implies a short ratio of 9.49 days. The stock has gained 28.38% over the last year.

    7. CBOE Holdings, Inc. (NASDAQ:CBOE): Diversified Investments Industry. Market cap of 2,131B. Short float at 12.67%, which implies a short ratio of 1.51 days.

    8. Sourcefire, Inc. (NASDAQ:FIRE): Security Software & Services Industry. Market cap of $747.04M. Short float at 12.08%, which implies a short ratio of 5.8 days. The stock has gained 39.17% over the last year.

    9. SuccessFactors, Inc. (NYSE:SFSF): Business Software & Services Industry. Market cap of 1,588B. Short float at 11.88%, which implies a short ratio of 11.02 days. The stock has gained 79.42% over the last year.

    10. Jos. A Bank Clothiers Inc. (NASDAQ:JOSB): Apparel Stores Industry. Market cap of 1,049B. Short float at 11.52%, which implies a short ratio of 7.43 days. The stock has gained 31.37% over the last year.


    Disclosure: No positions

    Stocks: BKS, ATHN, IPI, X, RGS, WBSN, CBOE, FIRE, SFSF, JOSB
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