Updated from 1:11 p.m. EST
If you were watching the biggest-percentage gainers on Thursday, you would have noticed that Sears Holdings(SHLD Quote), which trades on the Nasdaq, was up by almost 9.5 points, an increase of more than 23% in just one day. This was likely due to a short squeeze. The stock has 16% of its shares shorted, and when the company's fourth-quarter earnings beat analysts' estimates, short-sellers scrambled to cover their positions, driving the stock much higher. There are also plenty of heavily shorted stocks on the NYSE (including USEC (USU Quote)). Short-squeeze opportunities are measured by the short ratio, which is the number of days it would take the short-sellers to cover their position based on recent average daily volume. To read more, visit Stockpickr.com. In Monday trading, USEC closed at $5.30 per share (up 18% year-to-date).- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,023.42 | 1,069.30 | 2,112.44 | 35.03 |
Oil *
76.05
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UP
17.46
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UP
2.67
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UP
7.12
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DOWN
0.30
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10 Yr
3.50%
SPDR Gold
107.43
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+0.17%
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+0.25%
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+0.34%
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-0.85%
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Data delayed 20 minutes |
