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Reuters has reported that J.P. Morgan has downgraded First Solar Inc. [FSLR] over fears of oversupply in the latter half of the year. Its short base (percentage shares outstanding on loan) has decreased from 18.5% to 16.2% over the past week.

 

 

Alcoa Inc [AA] has been listed by Reuters as one of the five best performers of the Dow Jones industrial average over the past year. Its short base has increased from 5.1% to 6.5% over the past two weeks.

The Financial Times has reported that Inmarsat Plc [ISAT] could see a boost in its satellite broadband business as a result of the recent earthquakes in Haiti and Chile and also the increase in troops being sent to Afghanistan. The short base (percentage shares outstanding on loan) has decreased from 3.2% to 2.4% over the past two weeks.

 

Reuters has reported that Liberty International Plc [LII] has announced a proposed demerger following tumbling profits. Its short base (percentage shares outstanding on loan) has been seeing a downward trend since the start of the year. However, the short base has increased from 4.2% to 4.7% over the past week.

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Cephalon Inc [CEPH] shares are trading close to its 52-week high. The short base (percentage shares outstanding on loan) has been rising continuously for the past six months. It has increased from 11.6% to 15.6% over the past month.

 

Morgan Stanley has reported that Asos Plc [ASC] is gaining 30% of its sales from international markets with "minimal effort" and expects the online clothing market to double by 2014. Its short base (percentage shares outstanding on loan) which has been increasing for the past six months reached a peak of 15.8% in February. However, the short base has now decreased to 14.6% over the past month.

Reuters has reported that EADS NV [EAD] has cancelled its FY 2009 dividend payout as it announces a FY2009 net loss. The short base (percentage shares outstanding on loan) currently stands at a three year low having decreased from 4.2% to 3.8% over the past month.

 

Definition: Top ranked shorts and squeezes that satisfy our short and squeeze criteria.

Shorts: The market is showing strong negative sentiment towards this stock.

Squeezes: The negative sentiment may have run its course; short or underweight positions in this stock are at risk of short covering.

The top short is Laboratory Corporation of America Holdings [LH] in US, and Sears Holding Corp [SHLD] is the top squeeze.

In the UK, the top short is Carphone Warehouse [CPW] and HMV Group Plc [HMV] is the top squeeze.

Banco Pololare Sc [ALT] and Tui Ag [TUI1] are the top short and top squeeze respectively in Europe.

Finally, in Japan, Showa Shell Sekiyu KK [5002] is the top short and Yamaha Motor Co Ltd [7272] is the top squeeze.

 

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