tl;dr
Preeti Singh, SA News Editor Paramount Global (NASDAQ:PARA), Etsy (NASDAQ:ETSY), and Albemarle (NYSE:ALB) were the most shorted companies among S&P 500 stocks at the end of March (based on short interest as a percentage of outstanding shares float). Paramount’s (PARA) short interest remained unchang...
Preeti Singh, SA News Editor Paramount Global (NASDAQ:PARA), Etsy (NASDAQ:ETSY), and Albemarle (NYSE:ALB) were the most shorted companies among S&P 500 stocks at the end of March (based on short interest as a percentage of outstanding shares float). Paramount’s (PARA) short interest remained unchanged at around 14.7% from February but bumped from second to the top rank after Whirlpool (WHR) was removed from the index around mid-March. Albemarle (ALB) had 14.6M shares sold short as of March 28, or 12.50% of the shares float. The stock is rated Sell by Seeking Alpha's Quant system, scoring a D on valuation. Among S&P 500 sectors, bets against consumer discretionary stocks (NYSEARCA:XLY) were the highest in the month, with an average of 2.74% at March-end. Etsy (ETSY) was the most-shorted consumer stock, with 15.27M shares sold short as of March 28, or 13.03% of the shares float. Amazon.com (AMZN) was the least shorted stock within consumer discretionary, with 70.55M shares sold short or 0.68% of the shares float. Other S&P 500 stocks with high short interest at the end of March include: * Carmax (KMX) - 12% * Charter Communications (CHTR) - 11.62% * Live Nation Entertainment (LYV) - 9.58% * Pool Corp (POOL) - 9.4% * CH Robinson Worldwide (CHRW) - 9.31% * Norwegian Cruise Line Holdings (NCLH) - 9.01% * Campbell Soup (CPB) - 8.74% T-Mobile US (TMUS), General Motors (GM), and Charter Communications (CHTR) had the largest short interest position in terms of value (dollar volume sold short), at $3.94B, $3.34B, and $3.32B, respectively, as of March 28. Over the past 12 months, TMUS and GM shares have underperformed compared to the broader S&P 500 index’s 25.12% upswing. Meanwhile, Charter (CHTR), whose short interest stood at 11.62% at March-end, has lost around 25% in share value over the past year. Short interest in the telecoms firm has recently increased by 13.53%, indicating pessimistic investor sentiment. AI server maker Super Micro Computer (SMCI), which recently joined the S&P 500 index replacing home appliance maker Whirlpool (WHR), was the second-most shorted information technology stock in March, with 6.22% of its float sold short. The stock had $3.13B of shares sold in the month but saw its short interest drop by around 23%, suggesting improving investor sentiment. Other stocks that have seen the highest value of shares sold short at March-end include: * Occidental Petroleum (OXY) - $3.21B * Moderna (MRNA) - $2.28B * Tractor Supply (TSCO) - $2.24B * Royal Caribbean Cruises (RCL) - $2.14B * CarMax (KMX) - $1.67B
More about Paramount Global Class B
Paramount Global Class B Summary Paramount Global Class B Summary
Paramount Global is a global media and entertainment company headquartered in New York, New York.
Sector: Technology
Industry: Television Broadcasting Stations
Market Cap: $75.92 billion
Dividend Yield: 0.39%
Price Change: -2.06%
Stock Price: $45.48
Price Change (1 year): -2.05%
Revenue: $29.65 billion
P/E Ratio: 13.05
52-Week High: $79.88
52-Week Low: -6.1%
More about Etsy Inc
Etsy Inc
Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor and furniture, toys, art, as well as craft supplies and tools.
Industry: TRADE & SERVICES
Sector: SERVICES-BUSINESS SERVICES, NEC
Revenue: 7944889000
EPS: 29.93
Dividend: None
P/E Ratio: 2.24
Market Cap: 22.43
Beta: 0.112
Volume: 2748377000
Current Ratio: 79.75
Quick Ratio: -0.18
Debt/Equity: 0.043
More about Albemarle Corp
Albemarle Corporation - Stock Analysis Summary
Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. The company operates in the life sciences, plastic materials, synthetic resins, and non-vulcanized elastomers sectors.
Key Financial Figures:
Market Cap: $14.41 billion
PE Ratio: 9.18
EPS: 1.6
Dividend Yield: 1.36%
52-Week High: $149.75
52-Week Low: $81.98
RSI: 0.164 (Neutral)
Volume: 9,617,203,000
Price Change: -0.662%
Change from 50-Day Moving Average: -0.101%
More about Whirlpool Corporation
Company: Whirlpool Corporation
Industry: Manufacturing, Household Appliances
Market Cap: $58.85 billion
Current Price: $12.39
PE Ratio: 7
EPS: 8.72
52-Week High: $353.73
52-Week Low: $0.0247
Revenue: $19.45 billion
Operating Margin: 12.34%
Return on Equity: -0.42%
Dividend Yield: 3.4%
More about Amazon.com Inc
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: TRADE & SERVICES
Sector: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 1,936,254,697,000
Price: 64.18
Dividend: None
P/E Ratio: 2.9
EPS: 55.78
ROE: 0.0529
Revenue: 574,784,995,000
Net Income: 209.59
Yield: 50.69
Beta: 0.139
More about CarMax Inc
CarMax Inc Analysis Summary
Industry: TRADE & SERVICES
Sector: RETAIL-AUTO DEALERS & GASOLINE STATIONS
Market Cap: $112.55 billion
Current Price: $23.65
Dividend Yield: None
P/E Ratio: 3.02
52-Week Range: $81.31 - $178.32
RSI: 0.017 (Neutral)
Volume: $28.21 billion
Support Level: $81.31
Resistance Level: $178.32
Change: -0.253%
Change (Year-to-Date): -0.006%
More about Charter Communications Inc
Charter Communications Inc Summary Company: Charter Communications Inc
Description: Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Charter Spectrum.
Sector: TECHNOLOGY
Industry: CABLE & OTHER PAY TELEVISION SERVICES
Market Cap: $37,612,552,000
PE Ratio: 8.69
Dividend Yield: None
Price/Earnings Ratio: 29.98
52-Week Low: 365.98
52-Week High: 0.0835
Average Volume: 54,607,000,000
EPS: 369.27
Change: -0.079
% Change: 0.003
More about Live Nation Entertainment Inc
Live Nation Entertainment, Inc
Live Nation Entertainment, Inc is an American global entertainment company, founded in 2010, following the merger of Live Nation and Ticketmaster. The company promotes, operates, and manages ticket sales for live entertainment in the United States and internationally. It also owns and operates entertainment venues, and manages the careers of music artists.
Industry: TRADE & SERVICES
Sector: SERVICES-AMUSEMENT & RECREATION SERVICES
Market Cap: 23.32B
Current Price: $73.75
Dividend Yield: None
P/E Ratio: 1.37
52-Week High: $99.5
52-Week Low: $0.0248
Revenue: 22.75B
EPS: $117.82
Net Income: 0.281B
EBITDA: 0.361B
More about Pool Corporation
Stock Market Analysis: Pool Corporation
Pool Corporation is a major distributor of swimming pool supplies, equipment, and related outdoor products.
Sector: Trade & Services
Industry: Wholesale-Misc Durable Goods
Market Cap: $14.63 billion
Current Price: $28.48
Dividend Yield: 4.3%
P/E Ratio: 13.35
52-Week High: $143.18
52-Week Low: $94.62
EPS: $0.0944
Revenue: $5.54 billion
Net Income: $395.62 million
Price Change (1 year): -27.2%
Price Change (YTD): -8.5%
More about CH Robinson Worldwide Inc
Company: CH Robinson Worldwide Inc
Description: C.H. Robinson is an American Fortune 500 provider of multimodal transportation services and third-party logistics (3PL). The company offers freight transportation, transportation management, brokerage, and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.
Sector: Energy & Transportation
Services: Arrangement of transportation of freight & cargo
Phone: 8155382000
Stock Price: $25.91
Price Change: $0
Percentage Change: 2.72%
Market Cap: $148.43 billion
Earnings per Share (EPS): $0.0185
Revenue: $17.596 billion
PE Ratio: 77.35
RSI (Relative Strength Index): -0.679 (indicating oversold conditions)
MACD (Moving Average Convergence Divergence): -0.167 (indicating a bearish trend)
More about Norwegian Cruise Line Holdings Ltd
Norwegian Cruise Line Holdings Ltd Summary
Norwegian Cruise Line Holdings Ltd. is a cruise company operating in North America, Europe, Asia-Pacific, and internationally. The company is headquartered in Miami, Florida.
Sector: ENERGY & TRANSPORTATION
Industry: WATER TRANSPORTATION
Market Cap: 7563925000
Current Price: 45.56
Dividend Yield: None
P/E Ratio: 0.39
52-Week High: 20.14
52-Week Low: 0.0194
Volume: 8549924000
Previous Close: 20.38
Change: -0.009
% Change: 0.308
More about Campbell Soup Company
Campbell Soup Company Analysis Summary
Company: Campbell Soup Company
Description: Campbell Soup Company, doing business as Campbell's, is an American processed food and snack company.
Industry: Manufacturing, Food and Kindred Products
Market Cap: $12,612,739,000
Current Price: $16.59
Change: $1.48 (9.78%)
Dividend Yield: 2.55%
PE Ratio: 31.06
Beta: 0.0826
Revenue: $9,271,000,000
EPS: $45.92
Profit Margin: -0.117
Operating Margin: -0.012
More about T-Mobile US Inc
T-Mobile US, Inc. operates as an American wireless network operator under the global brand T-Mobile. The company is headquartered in Bellevue, Washington, and Overland Park, Kansas. T-Mobile's primary industry is technology, specifically in radiotelephone communications. As of the latest data, the company's market capitalization stands at 189.96 billion USD, with a price-to-earnings ratio of 23.1. T-Mobile's earnings per share is 1.3, and its dividend yield is 6.93%. The stock has a 52-week high of 66.29 USD and a 52-week low of 0.106 USD. T-Mobile's total revenue is reported at 78.56 billion USD, with a net income of 18.698 billion USD. The company's return on equity is 0.41, and its debt-to-equity ratio is 0.01.
More about General Motors Company
General Motors Company Summary General Motors Company
General Motors Company (GM) is an American multinational corporation headquartered in Detroit, Michigan that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center.
Industry: MANUFACTURING
Sector: MOTOR VEHICLES & PASSENGER CAR BODIES
Market Cap: $49,732,846,000
Dividend Yield: 5.89%
Price/Earnings (P/E) Ratio: 0.36
Return on Assets (ROA): 7.32%
Current Stock Price: $125.98
Earnings per Share (EPS): $0.0589
Revenue: $171,841,995,000
Price/Book (P/B) Ratio: 50.87
Debt/Equity Ratio: 0.135
Profit Margin: -0.003
More about Super Micro Computer Inc
Super Micro Computer Inc Analysis Summary of Super Micro Computer Inc Analysis
Company: Super Micro Computer, Inc.
Industry: Technology
Sector: Electronic Computers
Market Cap: 52,606,947,000
Stock Price: $70.36
Dividend Yield: None
Price/Earnings Ratio: 12.77
52-Week Range: $173.37
Beta: 0.0792
Market Cap (intraday): 9,252,753,000
Enterprise Value: 914.35
Profit Margin: 0.624
Return on Assets: 1.032
More about Occidental Petroleum Corporation
Occidental Petroleum Corporation Summary Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile.
Industry: ENERGY & TRANSPORTATION
Sector: CRUDE PETROLEUM & NATURAL GAS
Market Cap: 61,174,952,000
Current Price: $17.69
Price Change: $0.72
Change Percentage: 3.9%
PE Ratio: 31.78
EPS: $0.166
Revenue: 28,256,999,000
Net Income: $69.95
Net Margin: -0.379
ROE: -0.127
More about Moderna Inc
Moderna Inc Summary
Moderna, Inc. is a biotechnology company headquartered in Cambridge, Massachusetts. The company focuses on developing messenger RNA-based vaccines and therapies for various medical conditions including infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and autoimmune diseases.
Sector: Life Sciences
Industry: Biological Products (No Diagnostic Substances)
Market Cap: $40.25 billion
PE Ratio: -12.33
EPS: $17.93
Profit Margin: -0.688
Revenue: $6.848 billion
Previous Close: $123.67
Volatility: -0.851
Beta: -0.447
More about Tractor Supply Company
Tractor Supply Company Analysis Tractor Supply Company (TSCO) Analysis
Tractor Supply Company (TSCO) is an American retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care.
Industry: TRADE & SERVICES, RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY
Market Cap: $26.43 billion
Current Price: $24.27
Dividend Yield: 4.12%
P/E Ratio: 10.09
52-Week High: $133.42
52-Week Low: $0.0761
Revenue: $14.56 billion
EPS: $244.96
Profit Margin: -0.066%
Operating Margin: -0.087%
More about Royal Caribbean Cruises Ltd
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is an American global cruise holding company incorporated in Liberia and based in Miami, Florida, US.
Sector: ENERGY & TRANSPORTATION
Industry: WATER TRANSPORTATION
Market Cap: 32.77 Billion
Current Price: $20.23
Dividend Yield: None
PE Ratio: 6.31
EPS: 54.3
ROE: 12.2%
Revenue: 13.9 Billion
Net Income: 1.48 Billion
52-Week High: $27.25
52-Week Low: $0.28
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