The second-quarter earnings season has so far been generally positive for the U.S. in comparison to Europe, where almost three-quarters of company reports so far have exceeded expectations. According to the FT, the United States are having the fourth best earnings season since 2005. Despite this optimism against a murky backdrop of debt talks, there are stocks with high negative sentiment. We look at a FactSet screen displaying the most shorted stocks across the S&P 1500 which are due to report earnings this week including; Overseas Shipholding Group Inc (NYSE:OSG), Rubicon Technology, Inc. (NASDAQ:RBCN) and Peet’s Coffee and Tea (NASDAQ:PEET).
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