Back to top

Should You Worry About the Short Interest in JAKKS Pacific (JAKK)?

Read MoreHide Full Article
Many investors appear to be quite bearish on JAKKS Pacific, Inc. (JAKK - Free Report) , especially if you look at the percentage of the float that is sold short for this stock. Currently, 41.2% of the float is sold short, suggesting an extreme level of bearishness for JAKK.

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 JAKK, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of JAKK 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:

JAKKS Pacific, Inc. (JAKK) - free report >>

More from Zacks Tale of the Tape

You May Like