7 Highly Shorted Stocks Set for a Big Move

The bears are circling these stocks, but some could escape

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Safeway

Safeway185 7 Highly Shorted Stocks Set for a Big MoveShort Interest: 22.3%
2013 Return: +38.1%

Safeway (SWY) is in the thankless business of grocery retail, where margins are thin and competition is fierce. The stock peaked at over $28 a share in April before slumping 20% in a matter of days on poor Q1 earnings.

However, shares recently have been bouncing back, and better Safeway earnings for Q2 have given some momentum back to SWY.

The stock does yield 3.2% in dividends, but given the recent volatility and volume of short sellers, Safeway stock might be a tenuous buy-and-hold investment.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/7-highly-shorted-stocks-set-for-a-big-move/.

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