San Francisco

GAMESTOP, one of the most shorted US stocks, has started to attract institutional buyers and dissuade some traders betting against it as it fights off a consumer shift toward downloading video games and its depressed share price stabilises.

Shares of the retailer dropped from US$46 to US$25 in the two months through mid-January and then recovered to just over US$30, where they've hovered steadily in recent weeks.