The short interest is measured by the Short Percentage of Float. The Short Percentage of Float is at least 10%. Users can check the stocks with the highest short interest in different market caps, predictability, and industries. The results can be views in lists, charts, and customized list. Short interest can also be combined with more than 120 other filters in All-In-One Screener.
When we combine the short interest with Predictability Rank, we can see that many highly predictable businesses are also heavily shorted. Here is the list:
Total Records: 15
|Symbol||Company||Price||Short % Of Float||% Above 52-W Low||% Off 52-W High||P/E||Yield (%)||Market Cap ($Mil)|
|WRLD||World Acceptance Corporation||$85.70||48.91%||17.5||20.6||10.30||0.00||984.154|
|BRLI||Bio-Reference Labs, Inc.||$27.00||43.97%||13.5||28.9||15.80||0.00||746.347|
|LQDT||Liquidity Service, Inc.||$21.78||38.09%||5.8||50.9||17.30||0.00||699.676|
|AIRM||Air Methods Corp.||$54.68||22.14%||41.0||4.7||30.30||0.00||2137.830|
|CRR||Carbo Ceramics, Inc.||$120.17||20.79%||48.3||9.3||33.00||0.95||2777.881|
|HIBB||Hibbett Sports Inc||$64.34||20.57%||22.6||2.2||22.60||0.00||1661.934|
|MNRO||Monro Muffler Brake, Inc.||$50.78||19.09%||38.1||5.1||35.30||0.43||1594.796|
|PRAA||Portfolio Recovery Associates, Inc.||$52.17||16.79%||38.0||18.4||16.10||0.00||2595.439|
|NRCIB||National Research Corporation||$34.77||16.56%||58.9||25.3||13.10||3.28||841.024|
|SAM||Boston Beer Company, Inc.||$225.82||15.11%||50.1||15.0||44.20||0.00||2896.965|
In the mean time, the company has been buying back shares at 5% a year. It has reduced its shares by 40% since 2005.
But the stock is hated by Wall Street and close to 50% of the float is shorted. It is traded at a P/E ratio of just above 10, far below its Peter Lynch Earnings Line:
This is a fast growing company that does medical testing. The revenue growth is more than 20% a year. The company has very strong balance sheet and great cash flow. But Wall Street hates it, too and more than 40% of the float is short. If World Acceptance has regulatory risk, we don’t anything with BRLI. The company even sees it profit margin growing as it expands:
It is traded above its Peter Lynch Earning Line, but it is justified as the company has higher growth.
Other examples include Buckle (BKE), Netflix (NFLX) and Boston Beer (SAM). Here are their Peter Lynch charts.
We don’t understand why short sells hate them. But the short sellers definitely did not fare well with their shorts as all the those stocks have more than doubled over the past three years.
In the next days we will release the page which shows the history of Short Interest of all stocks.
Sometimes buying stocks that Wall Street hates can be very profitable. Take a look the stocks with highest short interest.