NIKE Inc (NKE) short interest is $769.5 million; 9.07 million shares shorted; 0.73% of float; stock borrow cost is 30 bps fee (general collateral). NKE is the largest short in the worldwide Footwear Sector.
Jack in the Box Inc (JACK) short interest is $222 million; 2.76 million shares shorted; 11.03% of float; stock borrow cost is 30 bps fee (general collateral).
JACK shares shorted are up 262k, +10.48%, in 2019, but recent activity has reversed the year long trend with shares shorted decreasing in February by 50k, -1.76%, and over 100k last Friday. We are seeing additional short covering today as the stock rebounds from a recent low of $79.61/share on the 14th.
Short covering in Mattel Inc (MAT) continues today, following a year-long trend where shares shorted decreased by 6.3 million shares, -10.13%, in 2019 and -3.6 million shares, -6.06%, in February.
Mattel short interest is $771 million; 55.78 million shares shorted; 16.29% of float; stock borrow cost is 30 bps fee (general collateral.)
- Consumer DiscretionaryS3 ResearchSectorsUncategorizedUnder Armour
Under Armour Inc (UAA) short interest is $664 million; 30.42 million shares shorted; 17.46% short interest % of float; 0.30% stock borrow fee (general collateral.) UAA is the largest short in the U.S. Apparel, Accessories & Luxury Goods Sector.
Hanesbrands Inc (HBI) short interest is $663 million; 35.45 million shares shorted; 9.94% short interest % of float; 0.30% stock borrow fee (general collateral.) HBI is the second largest short in the U.S. Apparel, Accessories & Luxury Goods Sector.
Viking Therapeutics Inc (VKTX) short interest is $237 million; 26.13 million shares shorted; 43.69% short interest % of float; 2.15% stock borrow fee.
VKTX shares shorted increased by 1.7 million shares this week, +7.16%, even as its stock price rose by +14%.
Carvana Co short interest is $718 million; 20.46 million shares shorted; 56.95% of its float; stock borrow cost on existing shorts is 2.15% fee and new stock borrows at 3.00% fee.
Weāre seeing strong short selling yesterday and today and shares shorted is up 2.1 million shares for the year, +11.5%.
- Consumer DiscretionaryCorporateS3 ResearchStarbucks
The former CEO of Starbucks Corp, Howard Schultz, declared the possibility of a presidential run as an Independent in a recent 60 Minutes interview which drew the ire of Democrats who fear he would cannibalize votes from their ticket. Schultz was recently heckled at a New York City book event; coffee drinkers began threatening to boycott Starbucks and baristas are considering taking off their aprons, putting down their tamps and walking away from their steam wands. But even with all this commotion, SBUX stock managed to gain 1.14% over the last week.
- Consumer DiscretionaryInformation TechnologyS3 ResearchSnap
SNAP Inc (SNAP) short interest is $964 million; 136.88 million shares shorted; 23.78% of float; stock borrow is 30 bp fee (general collateral). SNAP is the 6th most shorted stock in the domestic Interactive Media & Services sector.