Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move.
Here’s a look at the top five short squeeze candidates for the week of Sept. 26 and other stocks to watch moving up the Fintel short squeeze leaderboard.
Singing Machine: Karaoke audio equipment company The Singing Machine Company (NASDAQ:MICS) moves up seven positions to rank fourth. The company, which previously topped the leaderboard, has 25% of its float short and a cost to borrow of 107.5%.
TDH Holdings: Pet food company TDH Holdings Inc (NASDAQ:PETZ) is fifth on the leaderboard, moving up four positions from last week. Data shows 31.2% of the float short and a cost to borrow of 58.6%. The company has made frequent appearances on the short squeeze leaderboard in 2022.
Related Link: Apple Overtakes Tesla As The Most Shorted Stock: Here's Why It Matters And Why It Doesn't
Stocks to Watch: Outside the top five short squeeze candidates, here is a look at some stocks moving up the list.
Syros Pharmaceuticals (NASDAQ:SYRS) is among the biggest climbers on the leaderboard, moving up 244 positions to eighth place. Data shows 21.5% of the float short and a cost to borrow of 10.2%.
Oyster Point Pharma (NASDAQ:OYST) moves up 29 places to 12th on the leaderboard. The stock has 23.0% of its float short and a cost to borrow of 4.3%.
Cosmetics company Revlon Inc (NYSE:REV) ranks 11th, moving up three places in the last week. The company, which filed for bankruptcy earlier this year, has been a popular short squeeze candidate. Data shows 30.9% of the float short and a cost to borrow of 85.7%.
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