A list of the current most shorted stocks right now can be a great place to look for potential deep-dip value buys, says Steve Burns of New Trader U.
The stocks with the highest short interest on major US stock exchanges are also a good list to watch and stay updated on for potential short squeeze opportunities.
Highest Short Interest Stocks 2022
The below company stocks have the highest percentage of their share float borrowed to sell short. These short interest levels show built-in future buying pressure as the shares short must eventually be bought back to cover.
Short Squeeze Stocks
These stocks are the ones with the highest probability of short squeezes after the bears have overstayed their welcome. Short sellers that failed to lock in their profit late in a high short interest stock can get a big upside surprise with any bullish news event that brings hope back for the stock to go higher. Selling short goes against the long-term trend in the stock market and stocks getting on the list of most shorted stocks can be bullish for a stock signaling it is about to rally higher.
Most Heavily Shorted Stocks
Here is a list of the current top 25 stocks with the highest short interest.
Rank/Ticker/Company/Exchange/Short Interest/Sector
- Arcimoto, Inc. (FUV) Nasdaq 44.84% Auto & Truck Manufacturers
- Gogo, Inc. (GOGO) Nasdaq 43.10% Communications Services
- Citi Trends, Inc.(CTRN) Nasdaq 42.84% Retailers—Apparel & Accessories
- Big 5 Sporting Goods Corporation (BGFV)Nasdaq 42.74% Retailers—Miscellaneous Specialty
- Beyond Meat, Inc. (BYND) Nasdaq 38.14% Food Processing
- Intercept Pharmaceuticals, Inc. (ICPT) Nasdaq 34.78% Biotechnology & Medical Research
- Rite Aid Corporation (RAD) NYSE 34.26% Retailers—Drug
- Vertex Energy, Inc. (VNTR) Nasdaq 30.37% Oil & Gas—Refining and Marketing
- IGM Biosciences, Inc. (IGMS) Nasdaq 29.63% Biotechnology & Medical Research
- Blink Charging Co. (BLNK) Nasdaq 29.10% Utilities—Electric
- EVgo Inc (EVGO) Nasdaq 28.08% Utilities—Electric
- Corsair Gaming, Inc. (CRSR) Nasdaq 27.49% Computer Hardware
- Workhorse Group, Inc. (WKHS) Nasdaq 27.10% Auto & Truck Manufacturers
- Shift Technologies (SFT) Inc Nasdaq 26.75% Retailers—Auto Vehicles, Parts, & Service
- Big Lots, Inc. (BIG) NYSE 26.62% Retailers—Discount Stores
- Romeo Power, Inc. (RMO) NYSE 26.61% Electrical Components & Equipment
- Ocugen, Inc. (OCGN) Nasdaq 25.61% Biotechnology & Medical Research
- Danimer Scientific, Inc. (DNMR) NYSE 25.58% Chemicals—Commodity
- Wayfair Inc (W) NYSE 24.96% Retailers—Department Stores
- Microvision, Inc. (MVIS) Nasdaq 24.75% Electronic Equipment & Parts
- Zynex Inc. (ZYXI) Nasdaq 24.53% Advanced Medical Equipment & Technology
- Skillz Inc (SKLZ) NYSE 24.53% IT Services & Consulting
- Virgin Galactic Holdings Inc (SPCE) NYSE 24.32% Aerospace & Defense
- Bit Digital Inc (BTBT) Nasdaq 23.94% Fintech—Blockchain & Cryptocurrency
- MicroStrategy Inc (MSTR) Nasdaq 23.20% Software & Programming
Learn more about steve burns at NewTraderU.com.