Should You Bet on a Short Squeeze in Under Armour Stock?

Group 1 - Under Armour has a high short interest of approximately 33.4% of its float, indicating significant negative sentiment among investors [2][3] - The company reported Q3 fiscal 2026 results on February 6, exceeding expectations and prompting a reassessment of its stock [2][7] - Following the earnings report, Under Armour's stock surged by 19.4%, reaching a new 52-week high of $7.70, but later faced a decline after Citigroup downgraded the stock from "Neutral" to "Sell" [3] Group 2 - Under Armour, based in Baltimore, Maryland, specializes in athletic apparel, footwear, and accessories, with a market capitalization of approximately $2.9 billion [4] - The stock has shown a significant upward trend, increasing by 39.34% over the past six months and 48.8% over the last three months, despite a modest 2.87% rise over the last 52 weeks [5] - Valuation-wise, Under Armour's shares are trading at 0.60 times sales, which is below the industry average and its own five-year historical multiple, potentially attracting value-oriented investors [6]