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.
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Managing Director Predictive Analytics, S3 Partners, LLC
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