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11 Most Aggressively Shorted Stocks

Wayne Duggan

Traders also look at the activity of short sellers for trading opportunities. Sometimes, stocks with a large amount of short selling activity could be potential candidates for short squeezes. Other times, a large outstanding short position could be a sign that there’s something wrong with a company and/or its stock.

S3 Partners analyst Ihor Dusaniwsky recently published a list of U.S. stocks that have endured the largest increase in their outstanding short positions over the past month.

Rather than looking simply at shares shorted, Dusaniwsky said including a stock’s share price in the calculation always gives a clearer picture of how aggressive short sellers are being.

“Simple shares shorted does not tell us the amount of ‘betting’ done in a security, by incorporating the ‘chip size’ or the price of the stock in the metric we are actually seeing the increase and decrease of dollar short-side exposure in a security,” Dusaniwsky said.

Stocks with the largest increases in the dollar value of their short positions are the ones getting the most attention from short sellers.

Most Aggressively Shorted Stocks

Here’s a list of the 11 most aggressively shorted stocks of the past month, sorted by S3’s estimates of the increase in their outstanding short positions in that time.

  1. Davita Inc (NYSE: DVA), $552.4 million increase.
  2. Wells Fargo & Co (NYSE: WFC), $481.4 million increase.
  3. Bristol-Myers Squibb Co (NYSE: BMY), $453.7 million increase.
  4. Wayfair Inc (NYSE: W), $406.7 million increase.
  5. Global Payments Inc (NYSE: GPN), $386.6 million increase.
  6. Charter Communications Inc (NASDAQ: CHTR), $380.0 million increase.
  7. Autodesk, Inc. (NASDAQ: ADSK), $354.9 million increase.
  8. Home Depot Inc (NYSE: HD), $345 million increase.
  9. Macy's Inc (NYSE: M), $327.9 million increase.
  10. Allergan plc (NYSE: AGN), $323.1 million increase.
  11. Lowe's Companies, Inc. (NYSE: LOW), $305.7 million increase.

Related Links:

12 Most Expensive Stocks To Short

9 Stocks Trading At The Steepest Discount To Sales

Latest Ratings for DVA

Date Firm Action From To
Sep 2019 Downgrades Outperform Market Perform
Aug 2019 Maintains Neutral
Jul 2019 Downgrades Outperform Neutral

View More Analyst Ratings for DVA
View the Latest Analyst Ratings

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