Dick's Sporting Goods, Inc. (DKS), Cabela's Incorporated (CAB) and Hibbett Sports, Inc. (HIBB) all compete in the same industry. But while investors may look at the Retail - Specialty industry as a whole when analyzing broad fundamentals, they take a different approach to each company within the industry. One factor investors consider is short interest. You can learn a lot by comparing the short interest in stocks within the same industry. Companies with higher, or rising, levels of short interest may be at greater risk of price declines. Take these stocks for instance. {loadposition link_newslink1}
| | | {loadposition livevideopromo} | | | | | | | | | {loadposition contentad} | | | | | Dick's Sporting Goods, Inc. (DKS) has a current short interest of 10,542,700 shares, which is down 7.14% from where it was recently. At current levels of trading volume for DKS, it would take approximately 8.8 days to cover. Out of these three stocks in this industry, DKS is in the best shape. Cabela's Incorporated (CAB) has a current short interest of 11,601,500 shares, which is down 4.51% from where it was recently. At current levels of trading volume for CAB, it would take approximately 17.2 days to cover. Hibbett Sports, Inc. (HIBB) has a current short interest of 7,209,100 shares, which is down 12.99% from where it was recently. At current levels of trading volume for HIBB, it would take approximately 21.4 days to cover. Out of these three stocks in this industry, HIBB is in the worst shape. Of course, stocks with too much short interest are always in danger of becoming the target of a short squeeze so make sure to watch for those stocks with high levels of short interest to suddenly take off on any signs of good fundamental or economic news. {loadposition link_nowtime} {loadposition followus} |