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    MARKET EDGES

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Both Nike and FINL were among the biggest increases in short interest over the past two weeks. But we like both into increasing pessimism.

Both Nike and FINL were among the biggest increases in short interest over the past two weeks. Nike sentiment remains quite positive (see our sentiment indicator) – but the fact that short interest has stopped coming down is a callout.  FINL remains in the ‘management credibility penalty box’ after last quarter’s miss. But we like it into increasing pessimism.

 

Notable Short Interest Changes - short interest changes

 

Notable Short Interest Changes - NKE sentiment

 

Notable Short Interest Changes - FINL sentiment