Short Sellers Think These 3 Dividend Tech Stocks Are Ready For Upside

Tickers in this article: LXK STX WDC
1. Lexmark International Inc. (LXK): Develops, manufactures, and supplies printing and imaging solutions for offices.
  • Market cap at $1.51B, most recent closing price at $23.21.
  • Shares shorted have decreased from 15.63M to 14.35M over the last month, a decrease which represents about 2.03% of the company's float of 63.16M shares. Days to cover ratio at 10.01 days.
  • Dividend yield at 5%.


2. Seagate Technology PLC (STX): Designs, manufactures, markets, and sells hard disk drives for the enterprise, client compute, and client non-compute market applications in the United States and internationally.

  • Market cap at $12.54B, most recent closing price at $34.44.
  • Shares shorted have decreased from 44.88M to 41.74M over the last month, a decrease which represents about 1.01% of the company's float of 309.68M shares. Days to cover ratio at 4.79 days.
  • Dividend yield at 4.4%.


3. Western Digital Corp. (WDC): Engages in the design, development, manufacture, and sale of hard drives worldwide.

  • Market cap at $11.75B, most recent closing price at $48.59.
  • Shares shorted have decreased from 12.41M to 10.06M over the last month, a decrease which represents about 1.1% of the company's float of 214.18M shares. Days to cover ratio at 2.49 days.
  • Dividend yield at 2%.

 


*Written by Kapitall's Sabina Bhatia. Short data sourced from Yahoo! Finance, all other data sourced from Finviz.