The small cap stocks we’ve identified have exceptional short interest as a percentage of float
SmallCapPower | December 6, 2021: Short interest as a percentage of float is typically used by investors to determine how much bearish sentiment there is towards a stock. It is calculated by dividing the number of shares sold short by the total number of shares available for trading (the public float). Typically, 10% shortage interest is considered extremely bearish. Today we have discovered four small cap stocks with short positions as a percentage of their float over 25%, meaning that investors believe these stocks can fall even further in price.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) – $27.01
Sports Retail Stores
Big 5 Sporting Goods operates 430 sporting goods retail stores in the western United States. The Company’s products include athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment.
- Market Cap: $591.4M
- 7-Day Return: -18.3%
- 30-Day Return: -33.5%
- YTD-Return: 106.7%
- 30-Day Average Trading Volume: 4,649,960
- Short Interest % Float: 32.7%
AerSale Corporation (NASDAQ:ASLE) – $22.61
Aerospace and Defense
AerSale provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as storage and disassembly services.
- Market Cap: $1,017.1M
- 7-Day Return: +1.4%
- 30-Day Return: -23.0%
- YTD-Return: +31.7%
- 7-Day Average Trading Volume: 229,440
- 30-Day Average Trading Volume: 360,630
- Short Interest % Float: 30.6%
SkyWater Technology, Inc. (NASDAQ:SKYT) – $22.35
Semiconductors
SkyWater Technology manufactures integrated circuits. The Company provides technology services for various microelectronics comprising integrated circuits (ICs); and related micro- and nanotechnology applications. It serves customers developing and manufacturing ICs in various markets, including aerospace and defense, automotive, computing and cloud, consumer, industrial, and medical.
- Market Cap: $873.1M
- 7-Day Return: -8.5%
- 30-Day Return: -16.3%
- YTD-Return: +0.0%
- 7-Day Average Trading Volume: 278,540
- 30-Day Average Trading Volume: 497,810
- Short Interest % Float: 26.1%
PetMed Express, Inc. (NASDAQ:PETS) – $34.67
eCommerce
PetMed Express, together with its subsidiaries doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The Company markets prescription and non-prescription pet medications, and other health products for dogs, cats, and horses. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, and hygiene products. PetMed also sells food, beds, crates, stairs, strollers, and other pet supplies. It sells its products through its website and mobile app; telephone contact center; and direct mail/print through catalogs, brochures, and postcards.
- Market Cap: $700.6M
- 7-Day Return: -6.8%
- 30-Day Return: -15.4%
- YTD-Return: -15.5%
- 7-Day Average Trading Volume: 290,220
- 30-Day Average Trading Volume: 344,930
- Short Interest % Float: 25.4%
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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