Below are the top five companies in the Apparel, Accessories & Luxury industry ranked by the lowest short interest ratio. A low short interest ratio may indicate that there are only a few people who are bearish on the stock.
LJ International (NASDAQ:JADE) has a short interest ratio of 0.4 based on average daily volume of 623,000 shares and 234,000 shares short. That equates to 0.8% of the 29.1 million shares outstanding.
Jones Apparel (NYSE:JNY) has a short interest ratio of 1.3 based on average daily volume of 2 million shares and 3.4 million shares short. That equates to 3.9% of the 87.2 million shares outstanding.
Carter’s (NYSE:CRI) has a short interest ratio of 2.1 based on average daily volume of 1 million shares and 3.2 million shares short. That equates to 5.7% of the 57.5 million shares outstanding.
Warnaco (NYSE:WRC) has a short interest ratio of 2.3 based on average daily volume of 814,000 shares and 1.9 million shares short. That equates to 4.2% of the 44.5 million shares outstanding.
Phillips-Van Heusen (NYSE:PVH) has a short interest ratio of 2.3 based on average daily volume of 1 million shares and 2.3 million shares short. That equates to 3.5% of the 66.4 million shares outstanding.
SmarTrend currently has shares of Carter’s in an Uptrend and issued the Uptrend alert on November 05, 2010 at $27.73. The stock has risen 12% since the Uptrend alert was issued