share_log

Short Sellers Run Scared As Meme Stocks Roar: Why High Short Interest Stocks Keep Ripping

Benzinga ·  May 14 12:49

A multitude of stocks with high short interest ripped higher on Monday and continue to rally on Tuesday. The initial moves higher appear to be due to retail traders rushing into heavily shorted names, but the continued momentum may have more to do with short covering. Here's what you need to know.

What To Know:The rally in heavily shorted stocks this week got started whenKeith Gill, best known as Roaring Kitty on YouTube and X or "DeepF***ingValue" on Reddit, posted a simple meme of a person leaning forward in a chair after being silent on social...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment