M - Macy's and Stitch Fix among the heavily-shorted retail stocks spinning lower

Retail stocks in retreat following short squeeze action include Dillard's ([[DDS]] -14.1%), Fossil ([[FOSL]] -11.5%), Stitch Fix ([[SFIX]] -7.5%), Blue Apron ([[APRN]] -6.3%), Michaels ([[MIK]] -5.0%), Conn's ([[CONN]] -4.9%), Macy's ([[M]] -6.0%) and XpresSpa Group ([[XSPA]] -10.3%), Those names rallied last week with shorts either feeling pressure from the Reddit crowd or weaning their positions in advance of a coordinate buying attack. When the dust settles, analysts think the stocks will have a little more room to run higher if the short interest cloud that has been hanging over them clears. As reported earlier, Express, Bed Bath & Beyond and Naked Brands were also part of the GameStop trade unwind.

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Macy's and Stitch Fix among the heavily-shorted retail stocks spinning lower