Potential Short-Squeeze Plays for the New Year

Another stock with a high short ratio is Steak n Shake(SNS Quote), an Indianapolis-based owner and franchisor of restaurants throughout the U.S. Its short ratio is at 22. At the end of November, Stifel Nicolaus initiated coverage of the company with a hold rating. The stock has a P/E of 24 and a PEG of 2.8.

Steak n Shake is a stock owned by Michael Dell, founder of Dell Computer(DELL Quote), through investment vehicle MSD Capital. Dell also owns IHOP(IHP Quote), which has a 4 short ratio, Time Warner Telecom(TWTC Quote), which has a 12 short ratio, and Dollar Thrifty Automotive Group(DTG Quote), with a 12 short ratio.

For the top stocks with the highest short ratios to start off the New Year, check out the Top Year-End Short-Squeeze Stocks at Stockpickr.com.

Please note that due to factors including low market capitalization and/or insufficient public float, we consider Steak n Shake to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.