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.
UAA shares shorted are down 1.9 million shares over the last week, -5.82%, which is continuing a trend of short covering that started in mid-January. UAAâ€™s stock price is up 25% in 2019 and short sellers are down $138 million in mark-to-market losses for the year.
We continue to see sizeable short covering today, which is adding to long buying upward pressure to push UAAâ€™s stock price up almost 1% this morning.
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Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Managing Director Predictive Analytics, S3 Partners, LLC
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