5 Stocks Crushing the Short Sellers

Bearish bets are serving up their worst losses in a decade

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5 Stocks Crushing the Short Sellers

Herbalife

herbalife185 5 Stocks Crushing the Short SellersYear-to-date gains: 93%
Float Short (as of 7/31): 44%

Bill Ackman’s very public hammering of the company has made Herbalife (HLF) the most famous short in recent memory — and it is squeezing the hell out of the hedge fund manager.

Maybe HLF is is a pyramid scheme, as Ackman contends, and maybe it’s not. One thing that is for certain is that Herbalife has became ground zero in a clash of billionaire titans when Carl Icahn took a long position.

Icahn’s been right so far in this trade, but that hasn’t dissuaded folks from following Ackman’s play. A full 44% of Herbalife’s float was sold short as of the end of July, or nearly 31 million shares. That’s up from 30.2 million a month earlier.

Meanwhile, the stock has soared 93% thus far in 2013.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/stocks-short-interest-short-sellers/.

©2014 InvestorPlace Media, LLC

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