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Barchart
Barchart
Jim Van Meerten

Stay Away from Etsy Stock Now Despite Shares Hitting a New 2-Year High. Short Sellers Are in Control.

  • Etsy (ETSY) demonstrates strong technical momentum, maintaining a 100% “Buy” opinion from Barchart.
  • Shares are up 36% over the past year and recently hit a new 2-year high.
  • ETSY’s fundamentals show flat revenue projections for the next two years, but earnings are estimated to rebound significantly
  • High short interest also tempers enthusiasm.

Today’s Featured Stock

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