KNBE - Lyft Plug Power make latest Piper Sandler top 20 short squeeze list: Alpha Tactics

Piper Sandler Technical Market Strategist Craig. W. Johnson is out with his latest quarterly Alpha Alignment Report, which screens 900 stocks for a host of fundamental and technical factors. Along with the headline Alpha Alignment Index, the report also screens for an equal-weighted Short Squeeze Index for the fourth quarter. The 20 short-squeeze candidates are "based on Piper Sandler covered stocks that are exhibiting improving technical strength or evidence of a bottom, a Neutral or Overweight rating, and elevated short interest relative to their equity float," Johnson writes. The stocks must also have a market cap of more than $750M. This week, retail favorite SmileDirectClub (NASDAQ:SDC) exhibited characteristics of a short squeeze, especially in the high cost to borrow shares, and the stock finished 20% higher. But just like the inaugural Q3 Short Squeeze Index, the latest portfolio doesn't have any names high on the radar of the crowd that's

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Lyft, Plug Power make latest Piper Sandler top 20 short squeeze list: Alpha Tactics