Abercrombie & Fitch Jumps 8.45% (ANF)

Shares of Abercrombie & Fitch Co. ANF are shooting higher this morning as the company hosts its first every analyst day. Sell side reps must like what they hear, as shares are now trading higher by 8.45%, at $64.17. Abercrombie & Fitch Co. also breeched resistance and is trading at a fresh 52-week high; this is possibly fueled by the 5.67% short interest. Options volume is exploding on the name. 16,000 calls have traded, as well as 12,000 puts. Volume on both is vastly exceeding the daily average volume. Abercrombie & Fitch Co. through its subsidiaries, is a specialty retailer that operates stores and direct-to-consumer operations selling casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brands.