World Fuel Services Corp (NYSE:INT)
CAPS Rating:
The Company is engaged in the marketing and sale of marine, aviation and land fuel products and related services on a worldwide basis.
The Company is engaged in the marketing and sale of marine, aviation and land fuel products and related services on a worldwide basis.
Recs
This stock has it all... the perfect short squeeze setup.
95% institutional ownership.
One bit of positive news will have the 28% of short interest scrambling to cover.
5% has covered since July, but it will take 19 days for the rest to cover.
A float of 28M shares and 7M are short
All trend lines on the 100 day daily chart are up
Weekly chart is downright beautiful!