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Shortinterest

WKHS Short Interest Rose Dramatically a Week Ago LONGThe daily chart of short interest for WKHS rose 6X beginning a week ago. The level is 13X what it was in November. Coupled with the price action of today it is entirely plausible that shorts are liquidating quickly given today's 25% breakout. Buyng to cover getting synergized with new buyers could cause a trendline slope to escalate substantially morphing something more or less curvilinear into more of a parabolic fit to the " trajectory". So the questions are is this a short squeeze? How high of a price before the momentum slows or fails? Is it too late to get in? Are other penny stocks potentially behaving in a similar fashion right now? Is it even possible to short the shares of this penny stock or is it all put options covering 100 shares per each? This will be interesting for sure no matter how it plays out. I have doubled my position earlier today and it was not a small one. Once I see signs of consolidation, or some moving averages going flat towards a zero slope or a mass index indicator triggering. I will take a piece out for the realization of some profit and hold the rest for whatever the next more might be. I think the first sign that a squeeze is underway if for the tremendous short interest volume to waterfall off a cliff.
WLong
by AwesomeAvani
Why is short interest in Best Buy less than its peers? What is the short interest in consumer electronics retailer Best Buy (NYSE: BBY) ahead of its second-quarter financial results on August 30? On the last trading day, Best Buy had roughly 12 million shares in short interest, reflecting 5.97% of its outstanding shares. By midday Aug. 19, 5.5 million Best Buy shares are available to be shorted, according to management consulting company Fintel. BBY stock dipped nearly 4% at close of trading Aug. 19 and had another marginal decline at the start of this week. The company’s stock was almost in the green last week, after peaking at $86.35 on Tuesday, and creating a new multi-month high. However, BBY eventually closed lower on the week thanks in part to the aforementioned 4% drop. Keeping off the most shorted list Despite the challenges it had to endure, Best Buy remains absent from the list of most shorted stocks. The list of stocks on the most-shorted list in August, include Intercept Pharmaceuticals (NASDAQ: ICPT), Bed Bath & Beyond (NASDAQ: BBBY), MicroStrategy (NASDAQ: MSTR), WeWork (NYSE: WE), Upstart (NASDAQ: UPST), and Beyond Meat (NASDAQ: BYND). All the above stocks have short interest above 35.00% of its outstanding shares. Best Buy's peer group average for short interest as a percentage of float is 25.57%, which means it has far less short interest than most of its peers. Second-quarter outlook Like other retailers, the company is sailing in murky waters given current macroeconomic conditions. High inflation rate, interest hikes and even energy cost could add more challenges to these companies. For Best Buy, some think the company's revenue and profitability are on-track to recovery after record-lows in the first quarter, setting the stage for a long-term rebound after bottoming in July. However, Best Buy, may not be so bullish in its own outlook. BBY is slated to announce second-quarter results on August 30 and it expects to report a roughly 13% decline in comparable sales and an approximately 7.5% hike in revenue compared with the pre-pandemic second quarter of fiscal-year 2022. Best Buy CEO Corie Barry said, "as high inflation has continued and consumer sentiment has deteriorated, customer demand within the consumer electronics industry has softened even further, leading to Q2 financial results below the expectations we shared in May." The company also plans to suspend share buybacks but assured the payment of quarterly dividends.
NYSE:BBY
by BlackBull_Markets
Nq - Short Interest / Gamma Squeee July 15 - July 21Call Buyers were able to earn off the July 15th Gamma Squeeze into the Day prior to Expiry July 22nd, Friday. Wall Street managed a near-perfect Trifecta on the move, flipping the trade on its head into the Close Thursday. Overbought Conditions moving into Friday assure the Squeeze has a higher probability of Reversal. __________________________________________________________ Kick 'em when they're down, kick 'em when they're up. Perfection in Grifting MAximum Sh_t Mix Algebra, brah... simple, basic Math that provided hope for the Bulls and anxiety for the Bears. It's a Counter-intuitive Trade on balance and what Traders need to anticipate when we see large overbought readings for NQ. We had that event with the Highest RSI of 2022 for NQ leading into the TOSS. ___________________________________________________________ Aggravating - these perfect Pivots from Port to Starboard. The Boat Tips and sends the mixed into the drink. Wall Street's Algos have become extremely adept at siphoning off each and every spike in Liquidity within the Options expected ranges. This makes it difficult to determine exactly what they are doing on a Weekly basis until Extremes are reached. Unfortunately for most Options traders, the Pre NYSE has provided the exit on Fridays if you are on the opposing side of the Ship. ____________________________________________________________ At present, it's a Holeshot range until the 2nd test of the recent highs or an outright collapse to lower lows over the coming days to a week.
N
by HK_L61
BKKT Short Float 84.72% ! Ready for an Epik Gamma Squeeze ???BKKT perfectly touched the institutional support level of the Fibonnaci 0.618 retracement and now we see a doji trend reversal candle! According to Finviz, the Short Float is 84.72%! I haven`t seen such a level since the GME gammasqueeze play! About BKKT: Cryptocurrency exchange Bakkt announced a partnership with Mastercard to offer crypto debit and credit cards. Thanks to Mastercard and Bakkt, businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them. How big do you think this can be? Bakkt's also announced a separate deal with Fiserv . Gavin Michael: “We want to provide consumer choice. We want to be able to provide the availability to use crypto currency in an everyday transaction,” Is this the start of crypto adoption or what? Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet. My price target is 66usd! What is yours?
NYSE:BKKTLong
by TopgOptions
15
TKAT- Gamble on the NFT crazeGambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017. Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today. TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock possesses. Volume has retraced more than 66% since it reached its record on Wed. It seems to me that TKAT is at beginning of the distribution stage. Short interest is low and market is irrational so I'm not ruling out a modest correction followed by the continuation. Game plan: Market buy 1/5, then fill out the rest in the demand zone. TKAT is volatile. DO your own due diligence. Not the investment advice.
T
by Libratus
2
Buying Opportunity for $SDC$SDC is forming a diagonal led by an ascending trigonal into two bullish pennants (flag on the second). This stock has a large short interest and could pop off if it breaks the channel, but otherwise it still has large Elliott wave upside potential. Price target is listed at the top of the channel (C). Chart looks bullish and it took a small dip to the edge of the channel on the daily. This is the 2hr for more accurate lines and technical indicators.
SLong
by NapoleonStockS
1
GME 226.42% short interest! (Surely after the squeeze)Hello, here I am updating you on the GME short story before anyone else (I got connections). The FINRA updated the numbers. I don't know, maybe this is some kind of error? 226%! It's USO Oil all over again... They're tearing retail to pieces. finra-markets.morningstar.com A whole lot of novices got really excited AFTER Melvin got squeezed. Tried to warn them but they were too riled up. They won a fight, felt empowered, then they overextended (overstayed their welcome) and got all mowed down. "We're sticking it to the man", the man is up 80% on his short and probably locked in profit already. AMC SI is down, from 78% to 38%, it did not get the "we're beating Wall Street" attention GME had so random novices did not get in throwing money at Wall St shorts. finra-markets.morningstar.com As always, the "little guy" is late to the party. I got called a "boomer" with a "boomer mentality" for not fomoing in, and laughed at for wanting to short sell... This time short sellers have an extremely expensive entry, and I'm sure they have loads of cash behind them, retail won't push the price to $5000 and squeeze them. I wonder why the price gapped after Melvin got liquidated. Short sellers noticing the crowd euphoria and baiting them? They took the bait so hard. I wonder if regulators, and congress which is investigating Robinhood will be able to figure that one out? It probably won't cross their minds that billions were made shorting the stock at the top when it suspiciously gapped up, and then buying was halted. They have no clue so we might never find out. They're stuck on thinking "short sellers bad", "refuse to lose", "Robinhood stopped trading to stop the squeeze". That's the dogma now. Maybe these many short sellers shorted "early", and they did want to stop the squeeze, and maybe not in which case good luck convincing the mindless herd of dogma addicts that the truth is something else. Let's take a moment to remember Oil: Robinhood bagholders did not even hold it (noobs rush to close at breakeven or tiny profit when it goes their way, and diamond hands hold when they lose), so what was the point of USO? It was just some "TA" ticker on a phone app to them? They could have bought a future with a 6, 12, 24 months expiry, that terrible ETF has heavily underperformed Oil, it was a good short (and long Oil future obviously - one with backwardation is that was available). Back then you also had the novices that thought they were geniuses that spotted $1 Oil barrels and thought for some odd reason no one else wanted to buy those. Boy did they learn their lesson when it went to -40! Wall Street is Muhammad Ali, dancing around, teasing retail, and all these novices are his many angry opponents that rage at never being able to hit. Nothing will ever change. Low skill, low knowledge, high excitation (emotional) players will keep losing, pros will keep winning, it's like the laws of gravity.
NYSE:GME
by MrRenev
14
$GME is going to $500Contextual immersion trading strategy idea. GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe. The demand for shares of the company still looks higher than the supply. I think the short squeeze will continue, thanks wallstreetbets. Short interest over 100% and free money from FED are not a joke. So I opened a long position from $220; stop-loss — $80. take-profit — $500. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NYSE:GMELong
by KozakHlib
4