Given your interest in short squeeze candidates, we should focus on stocks with the following characteristics:
- High Short Interest
- Small Float
- Float < 500 million shares
- Positive Price Momentum
- Closing Price > 5-Day Moving Average
- 5-Day Moving Average > 10-Day Moving Average
However, no results were found with these criteria. We should consider adjusting the criteria to refine the search.
Alternative Approach: Instead of focusing solely on short interest, we can consider stocks that have experienced a significant drop in short interest and are transitioning from being short-squeeze targets to fundamentally driven stocks. Examples include:
- Carvana (CVNA): Despite a significant drop in short interest, Carvana has seen a 223% year-to-date gain, indicating a successful turnaround and transition to a fundamentally driven stock1.
- Affirm (AFRM): Affirm's short interest has dropped to 8.39%, suggesting that it may no longer be a short-squeeze target despite recent gains1.
By examining stocks that have successfully transitioned away from short-squeeze targets or have seen significant drops in short interest, we can identify potential candidates for further analysis and potential investment opportunities.