Select Retail Short Squeezes? (PSUN, FINL, TRLG)

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By Douglas A. McIntyre Published
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Short sellers could be on the run here in several retailers. Each day our software tracks stocks that have high short interest and are either short squeezes or potential short squeezes in a real time.

After the FOMC announcement, several stocks in the retail space are shaping up nicely as potential short squeezes. Noteworthy moves today include Pacific Sunwear (NASDAQ: PSUN) up 4.13%,  Finish Line Inc. (NASDAQ: FINL) up 3.22% and True Religion Apparel Inc. (NASDAQ: TRLG) up 2.00%.

Pacific Sunwear (NASDAQ: PSUN) has 3,356,015 shares in the short interest with a short ratio of 2.62.  Finish Line Inc. (NASDAQ: FINL) has 2,592,396 shares in the short interest with a short ratio of 3.58

True Religion has 5,413,732 shares short with a short ratio of 8.75. The stock has recently pulled back from $28.90 to $18.84. Estimates are for $1.88 this year and $2.10 for next year which hardly makes this an expensive name.

What are the short sellers thinking?

Geoffrey A. Garbacz, GoodMorningWallSt.com

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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