Potential short squeeze plays gained steam in 2021, continued throughout 2022, and remain a new focus of traders looking for the next huge move.
High short interest and steep borrowing costs are among the common traits that could lead to a short squeeze.
Here’s a look at the top five short squeeze candidates and several stocks to watch this week based on the Fintel short squeeze leaderboard.
- Getty Images Holdings (NYSE: GETY) moves up to first place for the week, gaining four positions from last week’s report and ranking fifth for two straight weeks. Data shows 144.3% of the float short, down from last week’s 183.5% reported. The cost to borrow on shares is 63.7%, up from last week’s 60.8% reported. Since going public via a SPAC merger, the content creator and image marketplace company has been a popular short squeeze target, previously topping this list.
- Blue Apron Holdings (NYSE: APRN) drops one position to second place, a move that comes after the meal delivery company topped the short squeeze leaderboard for two straight weeks. Data shows 31.3% of the float short, down from last ...