5 Short Squeeze Candidates To Watch: Kaival Tops The List Again, Oil And Agriculture Stocks Join With Rising Prices

Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move.

A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.

A squeeze can occur when short sellers are forced into buying to cover their position, which can cause shares to move up much higher on many occasions.

Fintel Data: Data from Fintel, which requires a subscription, provides a look at several of the top shorted stocks and data on how likely a short squeeze is to occur.

Here’s a look at Fintel’s top five short squeeze candidates for the week of Mar. 7.

MDJM: Real estate service company MDJM (NASDAQ:MDJH) ranks second on the short squeeze leaderboard for a second straight week. Fintel shows 28.9% of the float short and a cost to borrow of 155%. The cost to borrow on shares last week was 145%, marking a slight rise in this key figure for determining the likelihood for a short squeeze to occur.

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Arcimoto: Three-wheeled electric vehicle company Arcimoto Inc (NASDAQ:FUV) ranks fourth on the leaderboard for the week. Fintel shows 37.3% of the float short, with raw short interest rising. The cost to borrow at 16.2% is among the lowest, but could be worth watching if it elevates higher.

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