Click to Enlarge Consumer packaging company Ball Corp. (BLL) also made our list this time around. BLL has been a mover, returning 4% year-to-date against a flat market.
The 35% jump in short interest comes at a perfect technical time, as BLL stock is bouncing from its 50-day moving average, currently sitting at $52.30. In addition, the recent pullback in shares registered a short-term technically oversold condition for Ball Corp., making BLL stock a short-term technical “buy” from our perspective.
Watch for this short-term move to shake the recent pack of bears out of their shorts, fueling a short squeeze rally.