Expedia Inc. (NASDAQ:EXPE)
Where shorts get it wrong
Amid a return to growth in the U.S. and strong corporate earnings, there is reduced appetite from investors to go short. Despite being one of the two most shorted sectors, we see shorts have covered positions most in Telecommunications, but at the individual stock level they have dramatically reversed their bets against online travel retailers.
Stocks covered include: Expedia Inc. (NASDAQ:EXPE), Tripadvisor Inc. (NASDAQ:TRIP), Priceline.com Inc. (NASDAQ:PCLN), Helmerich & Payne Inc. (NYSE:HP), Netflix Inc. (NASDAQ:NFLX).
Highly shorted names ahead of earnings
This week is a busy week for corporate earnings announcements on both sides of the Atlantic. We highlight those stocks targeted by short sellers ahead of reported results and highlight unprecedented levels of short interest in high profile Internet names.
Stocks include: Alcatel-Lucent (EPA:ALU), LinkedIn Corporation (NYSE:LNKD), Groupon Inc. (NASDAQ:GRPN), Expedia Inc. (NASDAQ:EXPE), Veeco Instruments Inc. (NASDAQ:VECO), OpenTable Inc. (NASDAQ:OPEN), Vestas Wind Systems A/S.
Stocks to watch