Back to top

Is A Short Squeeze Ahead for Deckers Outdoor Corp (DECK)?
November 06, 2013

Read MoreHide Full Article
Many investors appear to be quite bearish Deckers Outdoor Corp (DECK) especially if you look at the percentage of the float that is sold short for this stock. Currently, 32.2% of the float is sold short, suggesting an extreme level of bearishness for DECK.

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 DECK, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of DECK to move higher in the weeks ahead.

In-Depth Zacks Research for the Tickers Above

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

Deckers Outdoor Corporation (DECK) - free report >>

More from Zacks Tale of the Tape

You May Like