Short Trader: Bears Clip Raven's Wings

It appears that the bears have been plucking some feathers from Raven Industries (RAVN Quote). The industrial manufacturer provides products to various markets in the U.S., including construction and military/aerospace.

Over the past 12 months, the stock price has experienced a lot of volatility. Each new bit of good news for the company has led to less enthusiasm on the buy side.

From 2004 to April 2006, the stock price rose more than 400%, from $10 to above $40, reaching an all-time high of $42.70. But from April 2006 until now, resistance has led to a very sharp price reversal back to $26. ...