$SIG Options and high short interest make Siget interesting.

When options traders make a big bet, it always makes a stock interesting as they are often in the know, recent $30 call option volume has been unusually high in the past few days in SIG. Which also makes the stock a possibility for a reversal pop is the high short volume and the fact it may have found some support on 2003 and 2009 levels, YIP that's how bad it is 2003. Keep it on the watchlist as a short squeeze could forthcoming.

SHORT INTEREST 23.23% (VERY HIGH)
AVERAGE ANALYSTS PRICE ESTIMATE $26.43
AVERAGE ANALYSTS RECOMMENDATION HOLD
9 HOLD
1 SELL

COMPANY PROFILE
Signet Jewelers Ltd. engages in retailing of jewelry, watches and associated services. It operates through the following business segment: North America, International segment, and Others. The North America segment operates jewelry stores in malls, mall-based kiosks and off-mall locations throughout the US and Canada under national banners including Kay, Zales, Jared and Piercing Pagoda, as well as a variety of mall-based regional banners. The International segment transacts mainly in British pounds, as sales and the majority of operating expenses are incurred in that currency and its results are then translated into US dollars for external reporting purposes. The Other segment consists of all non-reportable operating segments, including activities related to the direct sourcing of rough diamonds, and is aggregated with unallocated corporate administrative functions.