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/Company/Ticker/Exchange/Short Interest/Sector
- Revlon, Inc. (REV) NYSE 64.00% Personal Products
- Intercept Pharmaceuticals, Inc. (ICPT) Nasdaq 41.32% Biotechnology and Medical Research
- Beyond Meat, Inc. (BYND) Nasdaq 41.15% Food Processing
- Arcimoto, Inc. (FUV) Nasdaq 40.35% Auto and Truck Manufacturers
- Big 5 Sporting Goods Corp (BGFV) Nasdaq 39.98% Retailers—Miscellaneous Specialty
- MicroStrategy, Inc. (MSTR) Nasdaq 37.07% Software and Programming
- Upstart Holdings, Inc. (UPST) Nasdaq 37.07% Consumer Lending
- Bed Bath & Beyond, Inc. (BBBY) Nasdaq 36.72% Retail (Specialty Non-Apparel)
- Nikola Corporation (NKLA) Nasdaq 33.70% Auto and Truck Manufacturers
- SpringWorks Therapeutics, Inc. (SWTX) Nasdaq 33.63% Biotechnology and Medical Research
- Wayfair, Inc. (W) NYSE 31.15% Retailers—Department Stores
- Carvana (CVNA) NYSE 30.87% Retail (Specialty Non-Apparel)
- Shift Technologies, Inc. (SFT) Nasdaq 29.82% Retailers—Auto Vehicles, Parts, and Service
- Vuzix Corp (VUZI) Nasdaq 29.81% Electronic Equipment and Parts
- Blink Charging Co (BLNK) Nasdaq 29.75% Utilities—Electric
- Evgo Inc (EVGO) Nasdaq 29.73% Utilities—Electric
- Lordstown Motors Corp (RIDE) Nasdaq 29.40% Auto and Truck Manufacturers
- Karyopharm Therapeutics, Inc. (KPTI) Nasdaq 28.77% Biotechnology and Medical Research
- Cortexyme, Inc. (CRTX) Nasdaq 28.51% Biotechnology and Medical Research
- Goodrx Holdings, Inc. (GDRX) Nasdaq 27.90% Online Services
- Ring Energy, Inc. (REI) AMEX 27.70% Oil and Gas—Exploration and Production
- Big Lots, Inc. (BIG) NYSE 27.66% Retailers—Discount Stores
- Citi Trends, Inc. (CTRN) Nasdaq 27.61% 8.07M 8.40M Retailers—Apparel and Accessories
- Eos Energy Enterprises, Inc. (EOSE) Nasdaq 27.17% Electrical Components and Equipment
- Appharvest, Inc. (APPH) Nasdaq 26.23% Fishing and Farming
Learn more about Steve Burns at NewTraderU.com.