7 Highly Shorted Stocks Set for a Big Move

The bears are circling these stocks, but some could escape

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Frontier Communications

frontier 185x185 7 Highly Shorted Stocks Set for a Big MoveShort Interest: 24.4%
2013 Return: +6.5%

Frontier Communications (FTR) is a natural target for the shorts, since this telecom primarily provides voice and data connections to rural areas of the U.S.

Cable TV and landline telephone are hardly growth businesses in 2013, and the fact that Frontier has just $4.5 billion in market capitalization means it doesn’t have the scale to make that kind of business work the same way AT&T (T) or Comcast (CMCSA) does.

Shares have underperformed handily in 2013, and barring a buyout from a bigger telecommunications company, it’s clear FTR has little to offer beyond its current 8.8% dividend yield.

FTR reports tonight after the bell.


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

©2014 InvestorPlace Media, LLC

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