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3 Stocks Just Itching for a Short Squeeze

Their technicals are great, but short interest is high ... and something will have to give

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Harley-Davidson

092713HOG 300x185 3 Stocks Just Itching for a Short Squeeze
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Consumer discretionary stocks have been on the rise as the economy continues to show improvements and consumer sentiment is near its recent highs.

Harley-Davidson (HOG) shares are among those that have been leading the discretionary stocks higher, returning almost 20% during the past three months while the S&P 500 has gained about 5%.

But the shorts are trying to call a top on this outperformer, as short interest rose almost 30% during the past two weeks, driving the short interest ratio to more than seven times the average daily volume for the shares.

A short squeeze rally is likely to help HOG head toward its all-time highs just above $75.

As of this writing, Johnson Research Group did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/2013/09/short-interest-short-squeeze-oke-hog-ups/.

©2014 InvestorPlace Media, LLC

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