SPCE - Virgin Galactic and Workhorse featured on short squeeze watch list

S3 Partners highlights three stocks on its list of 200 names with short-squeeze pressure. S3's Ihor Dusaniwsky notes Virgin Galactic Holdings ([[SPCE]] -1.6%) has a large short interest of $2.02B and a stock borrow cost over 2% fee. "We've seen $271 million of short covering over the last thirty days as they are down -$1.16 billion in mark-to-market losses," he notes. Per Dusaniwsky, Workhorse Group ([[WKHS]] -0.8%) has short interest of $1.3B and shorts already covered 1.3M shares over the last week as they lost -$247M or -20%. "WKHS shorts are now down -$621 million, -64%, in mark-to-market losses over the last thirty days," he calculates. The last stock highlighted is Ligand Pharmaceuticals ([[LGND]] +1.4%), which has large thirty-day mark-to-market losses. "The $1.5 billion of shorts are down -$976 million, -73%, over the last thirty days and we have already seen 1.6 million shares covered over the last week," updates Dusaniwsky.

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Virgin Galactic and Workhorse featured on short squeeze watch list