25 High Dividend Stocks Being Targeted By Short Sellers

3. Cal-Maine Foods, Inc. (NASDAQ:CALM)

Short % of Float as of April 15: 17.06%

Dividend Yield as of April 28: 8.11%

Cal-Maine Foods, Inc. (NASDAQ:CALM) is the leading producer and distributor of fresh shell eggs in the US. The company has been under pressure lately as several major shareholders have decided to sell their stakes. On April 16, the company announced that the four daughters of its late founder, Fred R. Adams, Jr., along with his son-in-law, plan to offload nearly 3 million shares. At current market prices, the total value of the shares would be just under $280 million. However, the insiders are offering the shares at a discounted price of $92.75 each. The stock is down by over 9% since the start of 2025.

However, Cal-Maine Foods, Inc. (NASDAQ:CALM) has posted impressive growth, fueled by higher egg prices, strong operational efficiency, and strategic moves like the acquisition of ISE America. In fiscal Q3 2025, revenue more than doubled, jumping 101.6% year-over-year, supported by strong demand and supply shortages linked to avian flu outbreaks, which helped lift gross margins from 31.1% to 50.5%. Backed by a solid balance sheet—with $497.2 million in cash and very little debt—Cal-Maine is well-positioned to expand its cage-free production efforts, keeping pace with regulatory changes and shifting consumer preferences.

During the quarter, Cal-Maine Foods, Inc. (NASDAQ:CALM) also paid $170 million worth of dividends. The company currently offers a quarterly dividend of $1.49 per share and has a dividend yield of 8.11%, as recorded on April 28.