5 Most Shorted Stocks Right Now on Wall Street

3. Kohl’s Corporation (NYSE:KSS)

Number of Hedge Fund Holders: 26

Short % of Float (Jan 30, 2023): 22.01%

On March 1, Kohl’s Corporation (NYSE:KSS) posted earnings for the fourth quarter of fiscal 2023. The company reported a loss per share of $2.49 and missed EPS estimates by $3.46. The company’s revenue for the quarter amounted to $5.78 billion, down 7.15% year over year, and fell short of expectations by $251.92 million.

Kohl’s Corporation (NYSE:KSS) is the third most shorted stock on Wall Street right now. As of January 30, 22.01% of the company’s float has been shorted.

At the close of the fourth quarter of 2022, 26 hedge funds were long Kohl’s Corporation (NYSE:KSS). This is compared to 31 hedge funds in the preceding quarter. As of December 31, Marshall Wace LLP is the leading investor in Kohl’s Corporation (NYSE:KSS) and has a position worth $6.60 million in the company.