After Solar City ran over the past couple days, I got a couple requests for a potential high-risk short squeeze/look-the-heck-out names.
The following table highlights those with extreme short positions that truly make you go ‘hmm’.
Each is trading above our upper EBCM band (>5% above its 200dma) and has at least 8 days to cover held short.
I broke the list into three sections:
1. Better go bankrupt: % of float held short over 30%.
2. Â Gut check: % of float held short over 20%.
3. Homework time: % of float held short over 15%.
Given the moves in some of these, short interest is likely to be much lower next short report (data is from May 30th).
I’ll be doing another screen soon that will look at those that are hovering near the 200dma, but feel free to send along other requests too.
