Today we’re talking about short interest…
In case you need a refresher, short interest is the amount of shares of a stock that have been sold short but not yet repurchased or covered. A high short interest means that many traders think the stock’s price will fall.
In some cases, this leads to a sharp rise in price. That’s exactly what we saw when a group of retail traders decided to “stick it” to Wall Street by sending GameStop from the teens up to about $500 a share.
But since then, dozens of stocks have experienced surging short interests. And in today’s video, we thought we’d walk you through the highest three.