Below are the top five companies in the Apparel Retail industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
Buckle (NYSE:BKE) has a short interest ratio of 14.8 based on average daily volume of 575,000 shares and 8.6 million shares short. That equates to 18.3% of the 46.7 million shares outstanding.
DSW (NYSE:DSW) has a short interest ratio of 11.6 based on average daily volume of 408,000 shares and 4.8 million shares short. That equates to 28.7% of the 16.6 million shares outstanding.
Casual Male Retail (NASDAQ:CMRG) has a short interest ratio of 10.1 based on average daily volume of 221,000 shares and 2.2 million shares short. That equates to 4.7% of the 47.7 million shares outstanding.
Zumiez (NASDAQ:ZUMZ) has a short interest ratio of 9 based on average daily volume of 376,000 shares and 3.4 million shares short. That equates to 11.1% of the 30.6 million shares outstanding.
JOS A Bank Clothiers (NASDAQ:JOSB) has a short interest ratio of 8.5 based on average daily volume of 352,000 shares and 3 million shares short. That equates to 16.4% of the 18.4 million shares outstanding.
SmarTrend is bearish on shares of BKE and our subscribers were alerted to Sell on May 06, 2010 at $33.52. The stock has fallen 12.5% since the alert was issued.