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Tale of the Tape

Zacks Equity Research

Is A Short Squeeze Ahead for Liquidity Services (LQDT)?
February 19, 2014


Trades from $3
Many investors appear to be quite bearish on Liquidity Services, Inc. (LQDT - Snapshot Report), especially if you look at the percentage of the float that is sold short for this stock. Currently, 27.7% of the float is sold short, suggesting an extreme level of bearishness for LQDT.

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we have a Zacks Rank #2 (Buy) on LQDT, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of LQDT to move higher in the weeks ahead.