20 Underperforming Stocks Targeted By Short Sellers

13. Winnebago Industries, Inc. (NYSE:WGO)

Short interest: 15.49%

6 months’ performance: -41.12%

Winnebago Industries, Inc. operates as a manufacturer and seller of marine products and recreation vehicles. It operates in Motorhome RV, Towable RV, and Marine segments. The company offers towable products, motorhome RVs, mobile office spaces, other specialty commercial vehicles, and various other products.

The firm delivered poor performance in the first quarter of fiscal year 2025. Revenue came in lower than estimates, declining by 18% year-over-year. This revenue decline was driven by lower prices to boost consumer demand and decreasing volumes sold in the RV category.

Regardless of sluggish sales in Q1, the company maintained its full-year guidance. This is because the business is highly seasonal and less profitable at this time of year. To decrease overhead expenses, Winnebago is cutting its production volume. The company is also consolidating production facilities for Class B RVs. This move is projected to increase long-term earnings. However, it may create short-term challenges for the company, which explains the high short interest.