High short interest stocks: shares to squeeze today

This article was originally published on this site

The r/WallStreetBets community have now exposed a new trading tactic to the masses: targeting short positions (just as they did through the pumping of GameStop stocks).

The question everyone’s asking is: what other stocks can I squeeze for profits? And let’s be honest, the second question is: how can I help stick it to the establishment? The answer to both questions is right here.

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List of high short interest stock

The list below are the stocks that have been hugely shorted by large institutions – at least 50% or more. That’s right, most of them have made billions shorting these companies through the pandemic.

Ticker Company Exchange ShortInt Float Outst Shares
GME GameStop Corp. NYSE 138.08% 51.56M 69.75M
SPCE Virgin Galactic Holdings Inc NYSE 81.53% 53.65M 195.59M
AMC AMC Entertainment Holdings Inc NYSE 68.93% 56.57M 108.90M
BBBY Bed Bath & Beyond Inc. Nasdaq 66.62% 114.36M 126.01M
LGND Ligand Pharmaceuticals Inc. Nasdaq 64.24% 15.43M 16.08M
FIZZ National Beverage Corp. Nasdaq 62.52% 11.65M 46.65M
FUBO Fubotv Inc NYSE 62.15% 54.47M 67.56M
SPWR SunPower Corporation Nasdaq 53.57% 80.92M 170.16M
Source: https://www.highshortinterest.com/all/

Here is some further reading:

Is it a good idea to buy these stocks?

Well, that depends. You should never jump into any investment without weighing up the pros and cons. The reason to consider investing is that if the retail investment community targets these stocks in the same way they did GME or AMC, then a similar effect will be seen in terms of the stock price shooting to new heights.

But you want to time your investment right as you don’t want to be left ‘holding the bag’ if other investors sell and the price plummets.

If you’re ready, here’s a selection of brokers we know allow you to buy these stocks:

Key Features

Access over 220 of the most popular company shares
Trade on spreads from 1 pt on UK shares
Go long or short on global top companies
Min Deposit

$50

Key Features

Access over 220 of the most popular company shares
Trade on spreads from 1 pt on UK shares
Go long or short on global top companies

Key Stocks

Payment Methods

Debit Card, Bank Wire, ACH, Credit Card, PayPal

Founded in 1999, part of GAIN Capital Holdings. Licensed in highly regulated jurisdictions, FCA, IIROC, NFA, CFTC, CIMA,FSA. Payment methods ACH, debit card, bank wire transfer. $50 minimum deposit.

Forex trading involves significant risk of loss and is not suitable for all investors.

IG Markets

Key Features

Low-cost UK shares Invest from just £5 per trade
Huge choice of investments – Invest in over 12,000 shares
Expert service provided
Min Deposit

$500

Key Features

Low-cost UK shares Invest from just £5 per trade
Huge choice of investments – Invest in over 12,000 shares
Expert service provided

Key Stocks

Payment Methods

Credit Card, Debit Card, Bank Transfer, PayPal

The world-leading online trading and investments provider giving clients access to opportunities across thousands of financial markets through our intuitive platforms and apps.

Key Features

CFTC Regulated exchange based in the US
Trade around the clock, how you want, when you want
100% defined risk trades on Forex, Stock Index Futures and Commodities underlying markets
Min Deposit

$250

Key Features

CFTC Regulated exchange based in the US
Trade around the clock, how you want, when you want
100% defined risk trades on Forex, Stock Index Futures and Commodities underlying markets

Key Stocks

Payment Methods

ACH, Debit Card, Wire Transfer

Nadex is the first, and largest, CFTC regulated exchange designed for the individual trader. Nadex offers around the clock trading on Forex, Stock Index Futures and Commodities. Nadex offers three unique contract types: Binary Options, Touch Brackets and Call Spreads giving traders the ability to trade how they want, when they want.

You can see why the Redditors found GME first

From the table above it is clear to see that by far the most shorted stock was GameStop – with the total value of shirted shares exceeding 130% of the company’s value. This is why the r/WallStreetBets community targeted the stock, as it was always going to produce the mother of all short squeezes as the hedge funds holding the shorts felt the pressure.