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2 Short Squeeze Stocks That Could Take Flight This Month -Breaking

by Mike Robinson

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© Reuters. Two Short-Squeeze Stocks that Could Fly This Month

The year 2021 was a year of short squeezes. This is exemplified in huge retail bets on hedge fund short positions. AMC Entertainment and GameStop have made a handsome profit, so retail investors now focus on short squeeze candidates that can also benefit from these names. Two such stocks are Big 5 Sporting Goods and Gogo (NASDAQ :). These stocks have a large short interest and could see a rally in short squeeze this month. Continue reading. As the excitement surrounding short-squeeze candidates GameStop Corporation and AMC Entertainment Holdings, Inc. began to fade, new names emerged dominating social media discussions. The short squeeze stocks have high interest rates for short periods. In order to create a short squeeze retail investors will bet against hedge funds that hold short positions on particular stocks.

Recent buzz has been created by some names that could see a brief squeeze this month. Furthermore, according to some analysts and investors, the Federal Reserve’s signal that it will eventually raise interest rates is unlikely to stop the rise of meme stocks or short squeezes.

Gogo Inc . (GOGO), Big 5 Sporting Goods Corporation, (BGFV), have more than 30% of their short floats. And given these companies’ strong fundamentals, we think these stocks could take flight this month.

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