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Barchart
Barchart
Jim Van Meerten

Short Sellers Are Betting Against Spectrum Brands Stock but Its Chart Shows Strong Momentum: Who’s Right?

Momentum spb Barchart Morningstar
  • Spectrum Brands (SPB) demonstrates strong technical momentum and is trading at a new 52-week high.
  • Shares are up nearly 43% over the past year.
  • SPB maintains a 100% “Buy” technical opinion from Barchart.
  • Short interest at 11.19% is a notable risk, but recent upward earnings revisions and robust momentum support a constructive outlook.

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