Green Mountain Coffee Roasters
Year-to-date gains: 100%
Float Short (as of 7/31): 38%
Green Mountain Coffee Roasters (GMCR) hit the jackpot with the whole Keurig K-Cup brewing system … and has always been a favorite of short sellers. A look at the stock’s incredible volatility helps explain why.
In the last couple of years, GMCR has been all over the place, from less than $20 a share up to $110 and back again. (It currently fetches about $83.)
Jumping on that volatility (as well as contributing to it), is the 38% of the float sold short as of July 31. That comes to 31.8 million shares, up a notch from 30.9 million in the previous month.
Oh, and GMCR has doubled this year.