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Gun stocks shoot higher ahead of Obama crackdown

Published: 10:07 08 Jan 2016 EST

Proactive speaks to Relte Schutte, analyst at Markit, about the soaring share prices of US gun manufactures.

The prospect of increased gun control in the US has not fazed equity investors, with shares in the two listed gun makers hovering near recent highs while short sellers duck for cover.

So far this year, the three gun makers' stocks  - Sturm, Ruger (NYSE:RGR), Smith & Wesson (NASDAQ:SWHC) and Vista Outdoor (NYSE:VSTO),are up 10.8% on average as the Standard & Poor's 500 has sunk 1.3%.

Short interest (effectively betting that a company’s share price will fall) in the gun makers now at three year low.

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