PriceSmart

PSMT

PriceSmart, Inc. (NASDAQ: PSMT) is the largest operator of membership warehouse clubs in Central America and the Caribbean, and has recently entered the South American region with clubs in Colombia. PriceSmart serves over 3 million cardholders at 40 owned and operated warehouse clubs in 12 countries and one U.S. territory, which is their only domestic operation despite being based in California. PriceSmart was founded by Sol and Robert Price, founders of The Price Club; Robert Price is Chairman of the Board.

PriceSmart has been a target of short sellers for a while. The current short interest of 6.23% is roughly at the average of the last 12 months (5.60%).