Dick's Sporting Goods's (NYSE:DKS) short percent of float has fallen 10.38% since its last report. The company recently reported that it has 12.53 million shares sold short, which is 30.66% of all regular shares that are available for trading.
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher in a holiday-shortened week on Wall Street as investors cheered a more dovish tone from the Federal Reserve.
Telsey Advisory Group analyst Joseph Feldman maintains Dick's Sporting Goods (NYSE:DKS) with a Outperform and raises the price target from $125 to $135.