Tuesday, January 26, 2021

Equity research: GME stock short squeeze

 Jan. 26, 2021

Here is the article. 

Steve Sosnick, the chief strategist at Interactive Brokers, said in an interview that short sellers should be on alert. “I believe there is a systemic targeting of highly shorted stocks,” he said.

There does not appear to be as many stocks being targeted by short sellers as there once was -- at least among large-caps. In the S&P 500the median short interest fell from 1.5% of total market cap in December from 2.2% in June, according to Goldman Sachs. In the S&P 500, the most-shorted stocks include well-known names like American Airlines (AAL) and ViacomCBS (VIACA).

GME, DDS, LGND, BBBY, FIZZ, AMCX, MAC, SASO, SPWR, SKT, AXDX 

a function of investor short-covering as opposed to improvement in fundamentals


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