Are these 2 companies next for Short squeezes?
Apr 04, 2022 · A short squeeze is a large, short-term spike in a stock's share price that occurs when a significant number of short sellers are forced to …
What stocks have the highest short interest?
Jul 12, 2021 · The short-squeeze rally in meme stocks like GameStop (NYSE: GME) and AMC Entertainment (NYSE: AMC) is poised to go down in financial history books in terms of shareholder gains.However, a short ...
How soon will we see an AMC short squeeze?
Aug 25, 2021 · What stocks could be the next short squeeze candidates? According to MarketBeat , Workhorse has a short interest to float ratio of 35.8 percent, which is high enough to generate a short squeeze.
How to short stocks?
Apr 21, 2022 · Short Squeeze Penny Stocks To Watch. This article is a continuation of our update earlier this week: Best Penny Stocks To Buy Now? 5 Short Squeeze Stocks To Watch. We discussed another round of stocks with high short interest, that traders were following closely. If you missed the article, click the link and read it in full.
How do you find stocks that are going to squeeze?
Scanning for a Short SqueezeThe number of shares short should be greater than five times the average daily volume.The shares short as a percentage of the float should be greater than 10%The number of shares short should be increasing.
What stocks are being short squeezed right now?
Most Shorted StocksSymbol SymbolCompany NameFloat Shorted (%)BYND BYNDBeyond Meat Inc.37.51%GOGO GOGOGogo Inc.37.22%LMND LMNDLemonade Inc.37.06%VERV VERVVerve Therapeutics Inc.34.95%42 more rows
What are the best stocks for a short squeeze?
Short-Squeeze Stocks to WatchBig 5 Sporting Goods (NASDAQ:BGFV) stock tops the list with a short interest of 40.09%, a float of 20.01 million, and 22.22 million shares outstanding.Gogo (NASDAQ:GOGO) shares are next with a short interest of 39.81, a float of 46 million, and 110.88 million shares outstanding.More items...•Mar 15, 2022
What stocks could be the next GameStop?
With that in mind, here are other possible ideas for Reddit stocks that could be the next big thing.CoreCivic (NYSE:CXW)Workhorse (NASDAQ:WKHS)Corsair Gaming (NASDAQ:CRSR)Cinemark (NYSE:CNK)Marathon Digital (NASDAQ:MARA)Lottery.com (NASDAQ:LTRY)Wallbox (NYSE:WBX)Jan 18, 2022
What's the most shorted stock right now?
Most Shorted Stocks Right NowNikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% ... Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. ... SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. ... Beyond Meat, Inc. (NASDAQ:BYND) ... Lemonade, Inc. (NYSE:LMND)Feb 18, 2022
Is AMC stock going to squeeze?
Because AMC is heavily shorted at 20%, this is a short squeeze play in 2022. A 20% short interest is equivalent to approximately 114.26 million shares on loan (shares that have been borrowed and have not yet been closed).7 days ago
How do I find the most shorted stock?
Yahoo! Finance: You can get a list of the most shorted stocks based on the percentage of shares outstanding from the NYSE and Nasdaq by clicking on the Screeners tab on the homepage and going to the Most Shorted Stocks link. You can also find short information for specific stocks.
What is the biggest short squeeze ever?
One of the greatest short squeezes in history started on a SubReddit, where hundreds of thousands of retail investors banded together to drive the price of GameStop shares up to an all-time high of almost $500. Before the surge, GameStop's stock had been valued at $17.25.
How do you find a short squeeze?
Signs of a short squeeze include frequent buying of a high number of shares being sold short....Short squeeze indicatorsSubstantial amount of buying pressure. ... High short interest of 20% or above. ... High Short Interest ratio (SIR) or days to cover above 10. ... Relative Strength Index (RSI) below 30.Jul 21, 2021
What will cause AMC to squeeze?
The longer shorts-sellers hold their positions means the higher the borrow fee may increase. This is great news for retail investors. Shorts eventually have to cover their positions and when they do, AMC's stock price action will continue to rise, inevitably creating a short squeeze.
How high can GME go with short squeeze?
A short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes. A short squeeze can even reach 1000% and 10,000% gains.
Is GME short squeeze possible?
A short squeeze, one year after GME gained traction on WallStreetBets, is unlikely to happen. A growing focus on GameStop actual business performance indicates more downside potential.Feb 12, 2022
Short-Squeeze Stocks: Aterian (ATER)
New York-based Aterian is a consumer products platform that builds, acquires and partners with e-commerce brands to create top-selling consumer products. The company utilizes a cloud-based platform that leverages machine learning, data analytics and natural language processing to streamline product management across online marketplaces worldwide.
Esperion Therapeutics (ESPR)
Ann Arbor, Michigan-based Esperion Therapeutics is a pharmaceutical company specializing in developing and commercializing oral therapies to treat patients with high low-density lipoprotein cholesterol.
Short-Squeeze Stocks: Globalstar (GSAT)
Covington, Louisiana-based Globalstar is a global telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist.
Gogo (GOGO)
Chicago-based Gogo is a leading provider of broadband connectivity services for the business aviation market. The company offers a customizable suite of cabin systems for highly integrated connectivity, inflight entertainment and voice solutions.
Short-Squeeze Stocks: Huya (HUYA)
China-based Huya operates live-streaming platforms in China, enabling broadcasters and viewers to interact with each other during live streaming. The company generates the majority of its revenue from sales of virtual items in live streaming platforms as well as from advertising and online game-related services.
Ontrak (OTRK)
Santa Monica, California-based Ontrak is an artificial intelligence (AI)-powered healthcare company. The Company’s PRE™ (Predict-Recommend-Engage) platform organizes and automates healthcare data integration and analytics. Ontrak particularly targets patients with behavioral health issues at risk of developing chronic conditions.
Short-Squeeze Stocks: Tattooed Chef (TTCF)
Tattooed Chef is a plant-based food company that offers sustainably sourced plant-based food products. Its products are often available in the frozen food sections of national retail foods stores stateside.
What stocks could be the next short squeeze candidates?
According to MarketBeat, Workhorse has a short interest to float ratio of 35.8 percent, which is high enough to generate a short squeeze. The negativity around the stock stems from the awarding of a much-anticipated contract by USPS to a rival, Oshkosh.
Exela Technologies
MarketBeat said that Exela Technologies (XELA) could be another stock primed for a short squeeze as 37.6 percent of its float is sold short. Combined with improving fundamentals, Exela could be the next Reddit target. It's also popular on Reddit forums.
Clover Health
Clover Health has nearly 19 percent of its float shorted. While this isn’t much, there are other catalysts that could make it the next short squeeze target for Redditors. Clover is trending on the forum. After the steep price fall, most of the short-term negatives already seemed to be priced in the stock.
SmileDirectClub
SmileDirectClub could be another short squeeze candidate as 32.5 percent of its float is sold short. It has become popular on Reddit forums recently. The company reported weak second-quarter results after reporting a string of poor results previously as well.
Does William White have any positions in the securities mentioned in this article?
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Does Reddit go after short squeeze stocks?
Reddit in particular is a fan of going after short-squeeze stocks. We typically refer to these as meme stocks and they can experience quite a bit of volatility. While there’s no guarantee Reddit will go after high short-squeeze stocks, they are likely targets.
What is short squeeze in stock market?
A short squeeze happens when stock prices rise to the point that forces sellers to “cover” (repurchase their short position), usually at a loss.
What is the most shorted stock in 2020?
So much in fact that Telsa was the most-shorted stock in early 2020. To put this in perspective, more than 18% of outstanding Telsa stock was in short positions! Finally, in March of this year, TSLA fell, along with the rest of the stock market. As a result, short-sellers made close to $50 billion in the sell-off!
Why is short interest so high?
There may be good reasons for the high short interest, dismal outlook, lack of investor confidence, the reasons are endless. A heavy short interest doesn’t mean the stock price will rise. In fact, many stocks that are heavily shorted keep falling in price.
Can you guarantee that a stock will move in the direction you want it to?
Nothing can guarantee the stock you buy, sell, or go short in will move in the direction you want it to. If that was the case, we’d all be millionaires.
Can short squeezes be used for momentum?
However, short squeezes can be the bread and butter for momentum day traders . Many will keep a close eye on these highly shorted stocks and patiently wait for them to rise. Once the price starts to build momentum, they jump in and buy in hopes of riding the short squeeze wave to the top!
What is short squeeze?
A short squeeze is an unusual condition that triggers rapidly rising prices in a stock or other tradeable security. For a short squeeze to occur the security must have an unusual degree of short-sellers holding positions in it. The short squeeze begins when the price jumps higher unexpectedly.
What are the measures of short squeeze?
When measuring short interest, two measures that are useful when identifying stocks at risk of a short squeeze are short interest and the short-interest ratio. Short interest is the total number of shares sold short as a percentage of total shares outstanding.
Why do contrarians buy stocks?
Contrarian investors may buy stocks with heavy short interest in order to exploit the potential for a short squeeze. A rapid rise in the stock price is attractive, but it is not without risks. The stock may be heavily shorted for good reason, such as a dismal future outlook.
How much did Medicom stock jump to?
Then, the news comes out that Medicom’s drug works better than expected. Medicom’s shares jump to $9, as speculators buy the stock and short-sellers scramble to cover their short positions. Everyone who shorted the stock between $9 and $5 is now in a losing position.
Why is naked shorting important?
Naked shorting still happens thanks to discrepancies that exist between electronic and paper trading. Naked shorting can help exacerbate short squeezes by allowing for additional shorting that might otherwise not exist. Naked short selling, on one hand, is said to help balance the market.
Why is GameStop a short seller?
GameStop, due to a rise in competition and decline in foot traffic at malls, became a target of short-sellers. The short interest had grown to over 100% of the shares outstanding. Then a bull case for the company—that it could return to profit in a couple of years—started getting around in early 2021.
What happens when a stock rises in price?
Short sales have an expiration date, so when a stock unexpectedly rises in price, the short-sellers may have to act fast to limit their losses. Short-sellers borrow shares of an asset that they believe will drop in price in order to buy them after they fall.
Which sector has a negative momentum profile?
Energy is the only sector that still has a negative momentum profile across many systematic, factor-based investing strategies. In March, that could change. According to Kolanovic, many equity quants tend to crowd around the 12-month momentum signal.
When a sector has underperformed for as long as energy has, investors are rightfully weary of trying to
When a sector has underperformed for as long as energy has, investors are rightfully weary of trying to catch the falling knife. That said, when a group is as heavily shorted and under-owned as energy is, there’s also serious mean reversion potential when conditions change.
Who is the founder of Chewy?
GameStop’s Short Story. In Q4 2020, a fundamental catalyst emerged for investing in GameStop when the founder of Chewy, Ryan Cohen, joined the board and signaled his commitment to help modernize the company. In hindsight, Cohen timed his purchase of GameStop shares brilliantly.
