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 higher on many occasions.

Fintel Data, which requires a subscription, provides a look at several of the top shorted stocks and how likely a short squeeze is to occur. Here’s a look at the top five short squeeze candidates for the week of July 18.

Related link: 5 Short Squeeze Candidates To Watch This Week: The Singing Machine Company, Revlon And More 

Blue Hat Interactive: Augmented reality company Blue Hat Interactive Entertainment (NASDAQ:BHAT) ranks third on the list for the week. Fintel data shows 40.6% of the company’s float short and a cost to borrow of 472.2%.

HTG Molecular Diagnostics: Life sciences company HTG Molecular Diagnostics (NASDAQ:HTGM) ranks fourth on the list and is one of the biggest movers on the short squeeze leaderboard. The company moved up 499 spots to come in fourth place for the week. Fintel data shows 45.1% of the float short and a cost to borrow of 222.2%.

Other Stocks to Watch: Virgin Orbit Holdings (NASDAQ:VORB) ranks sixth on the leaderboard, narrowly missing the top five. The stock moved up 38 positions. The company has 16.2% of the float short and a cost to borrow of 126.3%.

Avalo Therapeutics (NASDAQ:AVTX) ranks eights for the week, rising 1,189 positions. Data shows 23.9% of the float short and a cost to borrow of 5.9%.