Academy Sports and Outdoors: Highly shorted stock rises, draws social media interest

SHUI-MU International Co

05/04/2021 15:39

** Shares of sporting goods discount store chain  ASO.O  up
7.9% at $31.33; pare gains after rising as much as 10.1% to a
record high of $31.98
    ** ASO draws interest from users on trading-focused social
media site Stocktwits, where message volume related to the stock
climbed 9%, with ~97.8% of messages reflecting positive
sentiment
    ** Short interest on ASO is $390.63 mln with 13.45 mln
shares shorted, that is 42.30% of ASO float, according to S3
Partners 
    ** ASO's shares have risen nearly ~24% after the co posted
strong Q4 results on March 30  urn:newsml:reuters.com:*:nL4N2LS3KM
    ** About 1.7 mln shares of the Katy, Texas-based company
have traded so far today, ~103.3% of their 30 DMA volume of 1.6
mln shares
    ** Shares up ~40.1% for the year

 (Reporting by Devik Jain and Aaron Saldanha in Bengaluru)
 ((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780;
outside U.S. +91 80 6182 2062; ;))