Eaton

ETN

The T. Eaton Company Limited, commonly known as Eaton's, was a Canadian department store chain that was once Canada's largest. It was founded in 1869 in Toronto by Timothy Eaton, an immigrant from what is now Northern Ireland. Eaton's grew to become a retail and social institution in Canada, with stores across the country, buying-offices around the globe, and a mail-order catalog that was found in the homes of most Canadians. A changing economic and retail environment in the late 1900s, along with mismanagement, culminated in the chain's bankruptcy in 1999. Eaton's pioneered several retail innovations.

Eaton has been a target of short sellers for a while. The current short interest of 1.86% is roughly at the average of the last 12 months (1.98%).