This post started by finding companies with aggressive short
covering for less than 2 billion in market size. The thought is research shows
companies with high shorts positions underperform the market as a group. Therefore,
why not invert the research to find companies with aggressive short covering. This
can create a pool of ideas to research for overlooked improved fundamentals. Further
filtering stocks by selecting stocks with negative YTD stock returns,market size less than 120M,improving capital structure and valuation
ACW;Accuride Corp is a manufacturer and supplier of commercial vehicle components (over 40% market share) in North America. Its products include commercial vehicle wheels, wheel-end components/assemblies, truck body and chassis parts, ductile and gray iron castings.
Accuride emerged from bankruptcy during 2010 with a new CEO and a strong capital expenditure commitment to modernize. These investment should be realized.
BBRG;"Bravo Brio Restaurant Group is the owner and operator of two Italian restaurant brands, BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO)." Morningstar
Aggressive share buybacks, 2013
shares outstanding were 19.54M reduced by 25% to the MRQ 14.77M. Value institutions
have been purchasing shares over the most recent quarter. HEARTLAND
ADVISORS added 26,200 shares during the quarter ending 03/31/16 to reach 906,975
shares held. PORTOLAN CAPITAL
added 261,678 shares for quarter ending 03/31/16 shares to reach a balance of
593,201. Kennedy Capital added 33,695 shares to reach current shares held 478,403.
Shares short as a percentage
of float was 7.07% May 15 , 2016 progressively reduced to 1.47%
HBIO; "Harvard Bioscience Inc is a developer, manufacturer and
marketer of scientific instruments, systems and lab consumables used to advance
life science for basic research, drug discovery, clinical and environmental
testing". Morningstar
HHS;"Harte-Hanks Inc is a multi-channel marketing company. The Company
develops integrated solutions that connect brands with prospects and customers,
moving them beyond awareness to transactions and brand loyalty". Morningstar
MRIN; "Marin Software Inc provides a cloud-based digital advertising
management solution for search, display, social and mobile advertising channels
to improve financial performance, realize efficiencies and time savings, and
improve business decisions"
Morningstar
Morningstar
NVLS; "Nivalis Therapeutics Inc is engaged in developing small
molecule therapeutics for the treatment of diseases such as cystic fibrosis,
asthma, chronic obstructive pulmonary disease, inflammatory bowel disease and
certain cardiovascular disorders".
Morningstar
Morningstar
VISI; "Volt Information Sciences Inc provides staffing services,
outsourcing solutions, and information technology infrastructure services. The
Company's business segments are staffing services and other". Morningstar
VOXX; "VOXX International Corp is a manufacturer and distributor in the Automotive, Premium Audio and Consumer Accessories industries. It manufactures, distributes and markets rear-seat entertainment devices, home theater systems, music systems, among others."
Morningstar
