Volcom is Among the Companies in the Apparel, Accessories & Luxury Industry With the Highest Short Interest (VLCM, TRLG, COLM, MOV, LIZ)
Below are the top five companies in the Apparel, Accessories & Luxury industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
Volcom (NASDAQ:VLCM) has a short interest ratio of 19.8 based on average daily volume of 176,000 shares and 3.5 million shares short. That equates to 14.4% of the 24.4 million shares outstanding.
True Religion Apparel (NASDAQ:TRLG) has a short interest ratio of 13.8 based on average daily volume of 431,000 shares and 5.9 million shares short. That equates to 23.4% of the 25.4 million shares outstanding.
Columbia Sportswear (NASDAQ:COLM) has a short interest ratio of 9.3 based on average daily volume of 148,000 shares and 1.4 million shares short. That equates to 4.1% of the 33.8 million shares outstanding.
Movado (NYSE:MOV) has a short interest ratio of 8.9 based on average daily volume of 164,000 shares and 1.5 million shares short. That equates to 8.1% of the 18 million shares outstanding.
Liz Claiborne (NYSE:LIZ) has a short interest ratio of 8.7 based on average daily volume of 2 million shares and 21.8 million shares short. That equates to 23.1% of the 94.5 million shares outstanding.
SmarTrend is bearish on shares of LIZ and our subscribers were alerted to Sell on May 06, 2010 at $7.03. The stock has fallen 25.7% since the alert was issued.
