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Astec Analytics, a division of SunGard Data Systems, provides investors with short selling market color using data from the securities lending market.
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  • Surprisingly, not all stocks with high short interest (as percent of float) have high borrowing costs 0 comments
    Apr 12, 2011 10:01 AM | about stocks: DDS, CACC, AIQ, INWK, CIEN, CLDA, SAH, VRA, KW, LFT, SYNA, CTCT, BYD, DSW, BBBB, LNET, TZOO, OUTR, MED, ENTR, CALM, CMEDQ, LDK, VECO, HGG, NILE, LNG, HRBN, MNI, S, COCO, DGWIY, REN, SODA, ATPAQ, PWER, MNK, BPI, ZAGG, BKSC, CBEH, RBCN, CACB, CHBT, CBPO, SHZ, CAGC, CPF

    All of the following stocks have short interest greater than 30% of float (I got this data from Short Squeeze -- http://shortsqueeze.com/).

    Many of the stocks, however, despite high short interest, are not expensive to borrow in the securities lending market.  For stocks with a high cost-to-borrow, it most likely will be impossible to get your broker to short them for you.  However, for those stocks that have a low borrowing cost (less than 100 bps), it may be possible to short.  And these stocks may offer good short selling opportunities. 

    Security Name  Cost-to-borrow (in bps) 
    DDS DILLARDS INC                                                                 53
    CACC CREDIT ACCEP CORP MICH                                                                 55
    AIQ ALLIANCE HEALTHCARE SRVCS IN                                                                 56
    INWK INNERWORKINGS INC                                                                 60
    CIEN CIENA CORP                                                                 61
    CLDA CLINICAL DATA INC NEW                                                                 61
    SAH SONIC AUTOMOTIVE INC                                                                 63
    VRA VERA BRADLEY INC                                                                 64
    KW KENNEDY-WILSON HLDGS INC                                                                 71
    LFT LONGTOP FINL TECHNOLOGIES LT                                                                 71
    SYNA SYNAPTICS INC                                                                 77
    CTCT CONSTANT CONTACT INC                                                                 80
    BYD BOYD GAMING CORP                                                                 82
    DSW DSW INC                                                                 91
    BBBB BLACKBOARD INC                                                              110
    LNET LODGENET INTERACTIVE CORP                                                              122
    TZOO TRAVELZOO INC                                                              133
    CSTR COINSTAR INC                                                              135
    MED MEDIFAST INC                                                              151
    ENTR ENTROPIC COMMUNICATIONS INC                                                              152
    CALM CAL MAINE FOODS INC                                                              168
    CMED CHINA MED TECHNOLOGIES INC                                                              230
    LDK LDK SOLAR CO LTD                                                              266
    VECO VEECO INSTRS INC DEL                                                              299
    HGG HHGREGG INC                                                              302
    NILE BLUE NILE INC                                                              322
    LNG CHENIERE ENERGY INC                                                              380
    HRBN HARBIN ELECTRIC INC                                                              386
    MNI MCCLATCHY CO                                                              406
    CLWR CLEARWIRE CORP NEW                                                              544
    COCO CORINTHIAN COLLEGES INC                                                              593
    DGW DUOYUAN GLOBAL WTR INC                                                              593
    REN RESOLUTE ENERGY CORP                                                              619
    SODA SODASTREAM INTERNATIONAL LTD                                                              770
    ATPG ATP OIL & GAS CORP                                                              792
    PWER POWER ONE INC NEW                                                              952
    CADX CADENCE PHARMACEUTICALS INC                                                           1,147
    BPI BRIDGEPOINT ED INC                                                           1,155
    ZAGG ZAGG INCORPORATED                                                           1,216
    BKS BARNES & NOBLE INC                                                           1,312
    MHR MAGNUM HUNTER RES CORP DEL                                                           1,402
    CBEH CHINA INTEGRATED ENERGY INC                                                           2,535
    RBCN RUBICON TECHNOLOGY INC                                                           2,758
    CACB CASCADE BANCORP                                                           5,179
    CHBT CHINA-BIOTICS INC                                                           7,320
    CBPO CHINA BIOLOGIC PRODS INC                                                        10,920
    SHZ CHINA SHEN ZHOU MNG & RES IN                                                        15,405
    CAGC CHINA AGRITECH INC                                                        15,748
    CPF CENTRAL PAC FINL CORP                                                        18,974
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