What stocks look like they will short squeeze today?


Aime
The stocks that are currently exhibiting signs of a potential short squeeze include12:
- Danimer Scientific Inc. (DNMR):
- Short Interest: Danimer has a high percentage of its float held in short positions, with Ortex estimating 25% of its float is shorted.
- Trading Volume: Despite being non-compliant with NYSE's minimum share price requirement and not close to profitability, Danimer has seen a significant increase in trading volume, which could indicate a short squeeze.
- Lexicon Pharmaceuticals Inc. (LXRX):
- Short Interest: Approximately 24% of Lexicon's float is held in short positions, suggesting a high level of short interest.
- Stock Performance: Lexicon's stock price has already seen a significant increase, potentially due to optimism surrounding the launch of its diabetic peripheral neuropathic pain drug LX9211. This positive sentiment could contribute to a short squeeze.
- Beyond Meat Inc. (BYND):
- Short Interest: Beyond Meat has a high percentage of its float held in short positions, with Ortex estimating 41.21% of its float is shorted.
- Stock Performance: Despite a disastrous 2023, Beyond Meat's stock has seen a slight increase in trading volume, which could be a sign of a potential short squeeze.
It's important to note that while these stocks show signs of a short squeeze, there is no guarantee that one will actually occur. The decision to engage in a short squeeze is up to individual investors, and it's crucial to conduct thorough research and consider market conditions before participating in such a maneuver.
Source:
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8 Short Squeeze Stocks That Could Take Off Investing
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