Stocks to Buy: Shares That May See a Big Short Squeeze This Week: Fintel - Business Insider

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Several of the stocks on the list have seen a price jump following company updates, but are still the target of short-sellers.
Reddit users have helped fuel gains in some of the stocks of late.
Fintel's Short Squeeze Scores scoring model ranges from 0 to 100, with 100 being most likely, relative to its peers. The five companies listed have a short-squeeze score higher than 95.
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Financial markets are in the process of a major repositioning in the wake of the shift in the Federal Reserve 's outlook for monetary policy. As a result, all asset classes are experiencing some volatility. Still, despite the Fed embracing a more hawkish outlook, which has knocked the equity market, a few stocks are primed for a short squeeze this week.

According to data from analytics firm Fintel.io, 5 stocks that range from biomedical to oil exploration are ready for a surge in activity. Several have flown under the radar of late, while others have already benefited from a decent bump in share price following the announcement of new project developments, or a Reddit-fuelled buying/selling frenzy.

Fintel.io provides advanced research tools for data-driven investors by using a mathematical model that predicts the short-squeeze risk for a company. It takes into account a number of factors that contribute to a stock becoming a target for a squeeze, including relative short interest, borrow fee rates, trading volume, and others.

The Short Squeeze Scores scoring model ranges from 0 to 100, with 100 being most likely to undergo a squeeze, relative to its peers. As of the evening of Sunday, June 20, these companies have a short squeeze score higher than 95.

Cellect Biotechnology Ltd.

Ticker: APOP

Short squeeze score: 97.95

This Israel-based biomedical company offers stem cell transplantation, disease management, regenerative medicine, clinical research and other services. Shares were trading at $3.91 at market close on Friday, staying within its one-year high range. The stock peaked on June 16, when the company said it was filing a registration statement in connection with a proposed merger with Quoin Pharmaceuticals, which is a specialty pharmacy that focuses on rare and orphan diseases.

Midatech Pharma PLC

Ticker: MTP

Short squeeze score: 96.64

This UK-based biotechnology company focuses on the development and commercialization of multiple, high-value, targeted therapies for major diseases with highly unmet medical needs in the nanomedicine field. The stock closed at $2.83 a share on Friday, with a steep climb on June 16 after the business announced "breakthrough" data for its Q-Sphera technology that uses 3-D printing techniques to cover different medications in polymer-based resorbable coatings that can be injected into the body. This allows the drugs to be released over predictable, sustained periods, according to MT Newswires.

GTT Communications Inc.

Ticker: GTT

Short squeeze score: 96.51

This company offers telecommunications services. Rather than owning the infrastructure over which services are provided, GTT designs and integrates data transfer and connectivity solutions, while also offering access to the networks and technologies of its vendor partners. Shares had a slight pickup this week, but overall, have struggled since hitting a high last year around $8.29 in early July. They closed at $2.20 on Friday June 18.

Torchlight Energy Resources Inc.

Ticker: TRCH

Short squeeze score: 96.30

This business focuses on oil and natural gas exploration, and operates primarily in the midwestern and southern United States. The share price has seen a steep pickup over the course of this year, closing at $6.27 a share on Friday. Shares changed hands for as little as $0.23 last September. The stock gained as much as 40% to $8.81 at 10:11 AM in Monday's pre-market trading after it was highlighted as a strong short-squeeze option on Reddit.

MoSys Inc.

Ticker: MOSY

Short squeeze score: 95.82

MoSys designs, develops, licenses and markets memory technologies that are used by the semiconductor industry and electronic manufacturers. Shares were muted but started gaining traction in February, reaching an annual high of $9.11 on June 4, while closing at $6.50 on Friday. On Thursday, the business closed its previously announced registered direct offering of 1,818,181 shares of common stock at a purchase price of $7.15 per share.

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Stocks to Buy: Shares That May See a Big Short Squeeze This Week: Fintel - Business Insider
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