This mornings earnings reports include several heavily shorted retail names. It turns out retail isn't going bankrupt just yet.
$SHLD is up over 10%. It's short interest remains over 60% of the float.
$W another retail name under constant attack by the shorts still sports a near 30% short interest.
$BIG Big lots reports earnings tonight and has an over 43% short interest.
$BURL reported earnings this morning and has almost 10% of its float in the hands of short sellers. The shorts continue to get this name wrong.
$JCP has 42% of its float in the hands of short sellers. They've been right for a long time on this name.
$KSS is at 22% short interest.
$URBN is at 25%
$SHAK is 53% of the float short.
The bottom may not be in for retail, however if it is, or even if this mornings action symbolizes a medium term bottom, we could see quite the short squeeze in retail.