8 Stocks Investors are Shorting Like Crazy

Investors have been busy as the markets have rebounded from their summer lows. But that doesn’t mean they’re bullish on everything listed on the S&P (NYSE:SPY).

Of the 16 companies with the most short interest to total float, more than half saw investors increase their negative positions this September.

And these last several days have seen some former darlings get creamed.

Netflix (NASDAQ:NFLX), Green Mountain (NASDAQ:GMCR), and Amazon (NASDAQ:AMZN) have gotten crushed for one reason or another.

#16: Pitney Bowes Inc. (NYSE:PBI)

#16: Pitney Bowes Inc. (<a target=

Image: Wikimedia Commons

Total Short Interest:27,044,945 shares Percentage of Float: 13.4%

Company: Pitney Bowes sells mail processing systems, which faces continuing competition in a rapidly declining market.

Source: Bloomberg

#15: Express Scripts Inc. (NASDAQ:ESRX)

#15: Express Scripts Inc. (<a target=

Image: Express Scripts

Total Short Interest:69,157,686 shares Percentage of Float: 14.2%

Company: The company recently announced a deal to take over Medco Health (NYSE:MHS) and is battling Walgreens (NYSE:WAG) over pharmacy reimbursements, which could cut into earnings.

Source: Bloomberg

#14: Urban Outfitters Inc. (NASDAQ:URBN)

#14: Urban Outfitters Inc. (<a target=

Image: Jennyyym via Flickr

Total Short Interest:16,994,842 shares Percentage of Float: 14.2%

Company: The company is revamping assortment going into 2012 as it missed key fashion trends this year.

Source: Bloomberg

#13: Netflix Inc. (NASDAQ:NFLX)

#13: Netflix Inc. (<a target=

Image: via Hacking Netflix on Flickr

Total Short Interest:8,101,524 shares Percentage of Float: 15.9%

Company: The company has stumbled badly this year as it raised prices and then announced it was splitting the company, only to change course on the latter.

Source: Bloomberg

#12: Advanced Micro Devices (NYSE:AMD)

#12: Advanced Micro Devices (<a target=

Image: Rutlo on Flikr

Total Short Interest:94,258,660 shares Percentage of Float: 16.2%

Company: AMD has faced increasing difficulty from Intel as the larger tech giant outspends it and tries to make further inroads in its lucrative server market.

Source: Bloomberg

#11: Diamond Offshore Drilling (NYSE:DO)

#11: Diamond Offshore Drilling (<a target=

Image: Wikimedia Commons

Total Short Interest:11,222,567 shares Percentage of Float: 16.3%

Company: Investors are lowering short positions in the offshore driller as energy companies begin to drill again.

Source: Bloomberg

#10: Vulcan Materials Co. (NYSE:VMC)

#10: Vulcan Materials Co. (<a target=

Image: ell brown via Flickr

Total Short Interest:24,015,725 shares Percentage of Float: 18.6%

Company: The construction material provider has been mired as the overall housing market stagnates.

Source: Bloomberg

#9: Lennar Corp. (NYSE:LEN)

#9: Lennar Corp. (<a target=

Total Short Interest:31,067,111 shares Percentage of Float: 20.6%

Company: Lennar, like Vulcan, faces high short as home builders see tremendous difficulty in the market.

Source: Bloomberg




Article courtesy of Business Insider.

Further Reading: Tech Biz Cheat Sheet: Sirius Earnings, Apple’s Product Lineup>>

More from The Cheat Sheet