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Investors are betting against Chemed (CHE), Should You?
February 24, 2014

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Many investors appear to be quite bearish on Chemed Corporation , especially if you look at the percentage of the float that is sold short for this stock. Currently, 38.6% of the float is sold short, suggesting an extreme level of bearishness for CHE.

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 #1 (Strong Buy) on CHE, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of CHE to move higher in the weeks ahead.

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