Back to top

Bio-Reference Laboratories Inc. (BRLI) should you worry about its short interest?
October 24, 2013

Read MoreHide Full Article
Many investors appear to be quite bearish Bio-Reference Laboratories Inc. (BRLI) especially if you look at the percentage of the float that is sold short for this stock. Currently, 37.56% of the float is sold short, suggesting an extreme level of bearishness for JASO.

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 actually have a Zacks Rank #2 (Buy) on JASO, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of JASO to move higher in the weeks ahead.



Normally $25 each - click below to receive one report FREE:



More from Zacks Tale of the Tape

You May Like