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Tale of the Tape

Zacks Equity Research

Should You Worry About the Short Interest in Outerwall (OUTR)?
March 25, 2014

Trades from $3
Many investors appear to be quite bearish on Outerwall Inc. , especially if you look at the percentage of the float that is sold short for this stock. Currently, 32.1% of the float is sold short, suggesting an extreme level of bearishness for OUTR.

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

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