The retail apocalypse could pay off in a huge way for stock pickers.
Stock pickers are betting big against these 10 retail stocks
The retail apocalypse is taking its toll, but some traders are placing big bets on these stocks going even lower.
Bets against retail stocks continue to increase as traders eye an even bigger drop in their stock prices. Analysts at RBC Capital Markets have identified 10 stocks with the most short interest.
Topping the list are some usual suspects like J.C. Penney, which announced earlier this year that it would close 138 stores. But there are some newcomers as well. RBC notes that Urban Outfitters, Boot Barn, and Signet Jewelers have seen the biggest spikes in short interest.
On the other hand, Buckle, Abercrombie & Fitch, and The Children's Place have seen the biggest drops in short interest.
Scroll to see the 10 retail stocks with the highest short interest, according to RBC:
10. The Children's Place
Ticker: PLCE
Stockprice: $109.75
Year-to-date change: +8.43%
Shortinterest as a percent of float: 26%
9. Abercrombie & Fitch
Ticker: ANF
Stockprice: $13.54
Year-to-date change +11.81%
Shortinterest as a percent of float: 26%
8. Under Armour
Ticker: UAA
Stockprice: $16.90
Year-to-date change -43.5%
Shortinterest as a percent of float: 28%
7. The Finish Line
Ticker: FINL
Stockprice: $9.20
Year-to-date change -50.7%
Shortinterest as a percent of float: 28%
6. Ascena Retail Group
Ticker: ASNA
Stockprice: $2.14
Year-to-date change -65.81%
Shortinterest as a percent of float: 29%
5. Tailored Brands
Ticker: TLRD
Stockprice: $12.89
Year-to-date change -47.66%
Shortinterest as a percent of float: 30%
4. Fossil
Ticker: FOSL
Stockprice: $8.81
Year-to-date change -66.58%
Shortinterest as a percent of float: 35%
3. Dillard's
Ticker: DDS
Stockprice: $59.86
Year-to-date change -4.61%
Shortinterest as a percent of float: 40%
2. J.C. Penney
Ticker: JCP
Stockprice: $4.10
Year-to-date change -50.78%
Shortinterest as a percent of float: 42%
1. Boot Barn Holdings
Ticker: BOOT
Stockprice: $8.19
Year-to-date change -32.37%
Shortinterest as a percent of float: 55%
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