Hedgeye's Brian McGough decides to rain on Abercrombie & Fitch's (ANF +28.3%) parade after...

|About: Abercrombie & Fitch (ANF)|By:, SA News Editor

Hedgeye's Brian McGough decides to rain on Abercrombie & Fitch's (ANF +28.3%) parade after the retailer soared off of Q3 results to put an end to the bleeding at the retailer for the moment. He calls the quarter "lousy" when viewed in isolation, while others note the large short interest position built up in ANF is accounting for part of the outsized rally with short covering in play.