This is interesting: the scan is not chasing growth. It’s paying for cheapness plus crowded shorts — short interest is the top driver in 6 of 10, earnings yield vs bonds is right behind it. Book +8.6%

What changed

$FISV Fiserv, Inc. is the top rank: univ 100%, sec 100%, +11.9%, conf 94. ↑ short interest (+0.0797), ↑ earnings yield vs bonds (+0.0694), ↑ illiquidity (+0.0322). $MKC McCormick & Company, Incorporated is basically the same print: +10.0%, conf 94, ↑ short interest (+0.0749), ↑ earnings yield vs bonds (+0.0711), ↑ illiquidity (+0.0242). The difference is defensive staples vs tech. $EIX Edison International breaks the pattern: +9.7%, conf 94, ↑ earnings yield vs bonds (+0.0667), ↑ illiquidity (+0.0300), but ↓ short interest (-0.0268). That’s a value/illiquidity signal, not a squeeze. $ALL The Allstate Corporation: +9.3%, conf 94, univ 99%, sec 100%. ↑ earnings yield vs bonds (+0.0711), ↑ short interest (+0.0512), ↑ fwd/trail P/E (+0.0214). $BNY BNY: +9.0%, conf 93. ↑ short interest (+0.0797), ↑ illiquidity (+0.0322), ↑ 60d volatility (+0.0252). $SPG Simon Property Group, Inc.: +8.9%, conf 94, sec 100%. ↑ short interest (+0.0743), ↑ earnings yield vs bonds (+0.0664), ↑ fwd/trail P/E (+0.

Why it matters