Potential short squeeze plays gained steam in 2021 and has continued through 2022 with new traders looking for the next huge move.
Here’s a look at the top five short squeeze candidates based on the Fintel short squeeze leaderboard.
Aerovate Therapeutics: Clinical stage biopharmaceutical company Aerovate Therapeutics (NASDAQ:AVTE) jumped 18 places on the leaderboard to rank second for the week. Data showed 31.5% of the float short, the highest rate of the top five short-squeeze candidates. The cost to borrow on shares is 6.8%.
Related Link: Tesla Tops Auto Stocks For Short Sellers, How Do Ford, Nio, Lucid And Rivian Rank?
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