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Cal-Maine spikes higher as shorts get run out

Apr. 28, 2015 1:13 PM ETCal-Maine Foods, Inc. (CALM) StockCALMBy: Clark Schultz, SA News Editor12 Comments
  • Shares of Cal-Maine Foods (CALM +13.4%) fly higher on strong volume in a move that could be ending the dreams of some shorts.
  • Short interest on CALM has been on the rise since January.
  • Volume on CALM is already 2X normal daily activity.
  • On the fundamental side, strong pricing trends and lower feed costs have helped Cal-Maine grow margins.

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