6 Apparel Stocks Boosted By Short Covering
Contextuall | Dec 14, 2012 02:23AM ET
Screen Criteria:
List of Apparel stocks with significant short covering during the most recent month.
Average Weekly Returns:
Average 1-Week Return of All Stocks Mentioned Below: -2.80%
Average 1-Month Return of All Stocks Mentioned Below: -0.70%
Analysis of List Alpha:
Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Week): 0 out of 6 (0.0%)
Number of Stocks in This List Generating Excess Return vs. SP500 (Beta Adjusted Over Last Month): 1 out of 6 (16.67%)
Chart: Distribution of 1-Week Returns For All Stocks Mentioned Below
Chart: Distribution of 1-Month Returns For All Stocks Mentioned Below
(List sorted by monthly performance, from best to worst)
1. Deckers Outdoor Corp. (DECK): Engages in the design, production, marketing, and brand management of footwear and accessories for outdoor activities and everyday casual lifestyle use. Shares shorted currently at 14.82M vs. 15.45M shares shorted in the previous month (a decrease in short interest representing 2.04% of total float).
2. Zumiez, Inc. (ZUMZ): Zumiez Inc., founded in 1978, is a mall-based specialty retailer providing sports-related apparel, footwear, equipment, and accessories. Shares shorted currently at 2.80M vs. 3.54M shares shorted in the previous month (a decrease in short interest representing 3.31% of total float).
3. Columbia Sportswear Company (COLM): Engages in the design, development, sourcing, marketing, and distribution of outdoor apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. Shares shorted currently at 2.65M vs. 2.80M shares shorted in the previous month (a decrease in short interest representing 1.20% of total float).
4. Buckle Inc. (BKE): Operates as a retailer of casual apparel, footwear, and accessories for young men and women in the continental United States. Shares shorted currently at 5.82M vs. 6.59M shares shorted in the previous month (a decrease in short interest representing 2.81% of total float).
5. True Religion Apparel Inc. (TRLG): Designs, develops, manufactures, markets, distributes, and sells apparel in North America, Europe, Asia, Australia, Africa, and South America. Shares shorted currently at 1.51M vs. 2.24M shares shorted in the previous month (a decrease in short interest representing 3.06% of total float).
6. The Children (PLCE): Operates as a children’s specialty apparel retailer in North America. Shares shorted currently at 3.11M vs. 3.50M shares shorted in the previous month (a decrease in short interest representing 1.90% of total float).
Get The News You Want
Original post
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.