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ASO - Heavily-shorted Academy Sports & Outdoors rallies again
Academy Sports and Outdoors Inc.
Academy Sports & Outdoors (ASO) is up 3.45% as shares hold on to their gains built up over the last few months. ASO has the fifth highest short interest as a percentage of total float on a list compiled by S3 Partners of stocks with +$100M in short interest. S3 reports a borrow fee of 1.20% for investors shorting the stock. Academy Sports & Outdoors was listed on Seeking Alpha's Catalyst Watch for the week with some volatility anticipated.