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TPX - High Short Interest Strong Performance Stocks: May 2019
Tempur Sealy International Inc.
Higher short interest is an odd indicator in the market. On one hand, it's a good indicator of sentiment as a high level generally suggests skepticism of the company's outlook, bringing bears to expect eventually lower share prices. It's also a poor indicator because significant levels of short interest can also be seen as backward looking, as bears short stocks that are already down. With a stock screening tool, I've isolated a particular group of stocks with high short interest and the best performance year to date 2019. The goal here is to better understand