Pair Trade: Buy Macy''s, Sell Dillard''s (NYSE:M)
Up until 2020, Macy''s consistently reported higher margins than Dillard''s. Dillard''s high short interest represents the main risk to a long Macy''s|short Dillard''s pair trade.
Pair Trade: Buy Macy''s, Sell Dillard''s (NYSE:M)
Up until 2020, Macy''s consistently reported higher margins than Dillard''s. Dillard''s high short interest represents the main risk to a long Macy''s|short Dillard''s pair trade.