- Price Sensitivity to Shorting: The stock's price change of -2.14% on the previous day and a 63.08% year-to-date change1 suggests that the stock is volatile and could be influenced by short squeezes, as such events often occur in highly volatile stocks.
- Market Capitalization and Float: RILY has a market capitalization of $16.01 billion and a float of 16,011,125 shares1. While it is not the smallest float, it is not an exceptionally large market capitalization either, which can make it more susceptible to short squeezes compared to larger, more stable stocks.
- Recent Performance: The stock has experienced a significant increase in price, which could be a result of market activity or company-specific news. This increase may create a situation where short sellers are looking to cover their positions, potentially leading to a short squeeze1.
- Short Squeeze Indicator: RILY's beta of 1.861 indicates that it is more volatile than the market, which is another factor that could contribute to a short squeeze.
In conclusion, RILY appears to be the most likely candidate for a short squeeze this week, based on the provided data. However, it's important to note that short squeezes can be unpredictable and are subject to market dynamics that may not be fully captured by the data. Investors should conduct their own research and consider additional factors before making investment decisions.