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15 Stocks With Significant Short Covering Over the Last Month

Looking to follow the trends set by short sellers? The following list of 15 short squeeze stocks have seen a significant decrease in short sales over the last month, implying that short sellers believe their market values will soon rise.

To create this list we took a universe of stocks with market cap above $300M, and narrowed down the list to those with the greatest decrease in shares shorted relative to their float.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research. Diversified Electronics Industry. Market cap of $869.46M. Shares shorted dropped from 33.48M last month to 29.88M this month. This change is equivalent to 3.69% of the 97.69M floating shares. This is a risky stock that is significantly more volatile than the overall market (beta = 2.16). Short float at 30.41% (equivalent to 7.2 days of average volume).

3. Constant Contact, Inc. ( CTCT ): Marketing Services Industry. Market cap of $708.75M. Shares shorted dropped from 8.68M last month to 7.73M this month. This change is equivalent to 3.3% of the 28.76M floating shares. Short float at 27.1% (equivalent to 15.25 days of average volume). The stock has performed poorly over the last month, losing 13.21%.

4. L-1 Identity Solutions Inc. ( ID ): Education & Training Services Industry. Market cap of $1.47B. Shares shorted dropped from 3.22M last month to 3.04M this month. This change is equivalent to 1.54% of the 11.68M floating shares. Short float at 25.% (equivalent to 12.96 days of average volume). The stock has lost 48.99% over the last year.

8. P.F. Chang's China Bistro, Inc. ( PFCB ): Credit Services Industry. Market cap of $4.79B. Shares shorted dropped from 12.67M last month to 11.95M this month. This change is equivalent to 1.45% of the 49.56M floating shares. Short float at 24.14% (equivalent to 11.88 days of average volume). The stock has had a couple of great days, gaining 5.81% over the last week.

10. MAKO Surgical Corp. ( MAKO ): Auto Parts Industry. Market cap of $1.16B. Shares shorted dropped from 9.77M last month to 9.27M this month. This change is equivalent to 1.25% of the 40.11M floating shares. This is a risky stock that is significantly more volatile than the overall market (beta = 2.03).