Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp. or AMC Entertainment Holdings Inc. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price. Data from Fintel, which requires a subscription, provides a look at some of the top shorted stocks and data that shows how likely a short squeeze is to happen. Here is a look at Fintel’s top five short squeeze candidates for the week of Nov. 8. Progenity Topping the list for the fourth straight week is biotech company Progenity Inc. Fintel data shows the company having 35 percent of its float short. Short interest in PROG has increased 789 percent …
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