Biggest Short Squeeze Stocks Of The Week: Biotech Stocks Dominate, A Bitcoin-Related Stock Moves Up Leaderboard
Portfolio Pulse from Chris Katje
The top five short squeeze candidates for the week include Ambrx Biopharma Inc (AMAM), Aytu Biopharma Inc (AYTU), Bitcoin Depot Inc (BTM), Klaviyo Inc (KVYO), and Safety Shot Inc (SHOT). High short interest and steep borrowing costs are common traits that could lead to a short squeeze. Biotech stocks dominate the list, with a Bitcoin-related stock also moving up the leaderboard.
November 06, 2023 | 7:54 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ambrx Biopharma topped the short squeeze leaderboard for a second week. 55.8% of the float is short, with a borrowing cost of 24.6%.
High short interest and borrowing costs could lead to a short squeeze, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Aytu Biopharma jumped into the top five short squeeze candidates. 19.8% of the float is short, with a borrowing cost of 104.6%.
High short interest and borrowing costs could lead to a short squeeze, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin Depot moved up one position in the short squeeze leaderboard. 15.2% of the float is short, with a borrowing cost of 25.1%.
High short interest and borrowing costs could lead to a short squeeze, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Klaviyo ranked fourth on the short squeeze leaderboard. 83.3% of the float is short, with a borrowing cost of 5.6%.
High short interest and borrowing costs could lead to a short squeeze, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Safety Shot ranked fifth on the short squeeze leaderboard. 20.7% of the float is short, with a borrowing cost of 78.4%.
High short interest and borrowing costs could lead to a short squeeze, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100