Short selling in Kohlâ€™s Corp (KSS) has been active ahead of earnings that will be released later today with 846k of new shorts hitting the tape in March. Kohlâ€™s has been a short target for most of the year, after a relatively quiet January short selling picked up in February and March. KSS shares shorted are now up 4.34 million shares for the year, up 18.32%.
Kohlâ€™s Corp (KSS) short interest is $1.85 billion; 273.79 million shares shorted; 16.99% of its float; Â stock borrow is 0.30% fee. KSS is the largest short in the Retail Department Store Sector.
Although KSS shorts have been active, they have not been profitable, shorts are down $130 million in mark-to-market year-to-date losses, down 7.78% on the year.
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