Stock of the Day – Dillard’s Inc (NYSE: DDS)

Fashion department store Dillard’s reported a 1% fall in sales in March. This was below the sector average of a 2% gain, according to the Financial Times. Despite the shares being close to an annual high, short interest in Dillard’s has spiked from 8% of total shares outstanding on loan in late February to 20%. This represents over half the stock that is available to be borrowed.