The scan is saying the bottom decile is a crowded short: all 10 names sit in univ 0–2%, 6m forecasts -22.4% to -16.7%, median conf 84. Dominant driver is earnings yield vs bonds in 6 of 10. Common thr

Trimble Inc. ($TRMB) and Realty Income Corporation ($O) are the two most extreme. $TRMB -22.4%, conf 85, tech sec 1%: ↓ earnings yield vs bonds (-0.0606), ↓ short interest (-0.0223), but ↑ illiquidity (+0.0218) is the odd positive. $O -21.8%, conf 84, real estate sec 3%: ↓ short interest (-0.0426), ↓ illiquidity (-0.0257), ↓ earnings yield (-0.0218). Not the same driver. Bio-Techne Corporation ($TECH), Pfizer Inc. ($PFE), and Molson Coors Beverage Company ($TAP) show the healthcare/defensive cluster. $TECH -19.2%, conf 85: ↓ earnings yield (-0.0488), ↓ short interest (-0.0430), ↓ 60d vol (-0.0252). $PFE -19.1%, conf 84: ↓ earnings yield (-0.0300), ↓ 60d vol (-0.0235), ↓ illiquidity (-0.0220). $TAP -18.9%, conf 84: the short-interest outlier at ↓ -0.0656 plus ↓ earnings yield (-0.0606), with ↑ illiquidity (+0.0214). Dow Inc. ($DOW), The Mosaic Company ($MOS), and Live Nation Entertainment, Inc. ($LYV) are the materials/communication spillover. $DOW -18.2%, conf 83: ↓ earnings yield (-0.

Trimble Inc. ($TRMB) and Realty Income Corporation ($O) are the two most extreme. $TRMB -22.4%, conf 85, tech sec 1%: ↓ earnings yield vs bonds (-0.0606), ↓ short interest (-0.0223), but ↑ illiquidity