Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. and AMC Entertainment Holdings are two high-profile examples of short-squeezes earlier this year. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price. A squeeze can occur when short sellers are forced on buying in to cover their position, which has caused shares to go much higher on many occasions. Fintel Data Data from Fintel, which requires a subscription, provides a look at several of the top shorted stocks and data showing how likely a short squeeze is to happen. This week’s leaderboard contains five new names from the previous week. Here is …
5 Short Squeeze Candidates to Watch: Petros Pharma Tops List With 254 Percent Cost to Borrow, One of Highest Figures on Record
December 14, 2021
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