#Gme short float professional

But that's not a prediction that a short squeeze will send all - or even any - of these stocks higher. Of course, it's entirely possible the naysaying short-sellers have acted far too aggressively, setting the stage for a sharp bullish reversal for each of these tickers. market fell nearly 14% year over year during the three-month stretch ended in early October.Īs for Skillz, while the video-gaming community appreciates the access it offers to esports events, that doesn't change the fact that the company's losses are growing at a faster clip than revenue is rising. It's down more than 60% from January's peak with short-sellers seemingly predicting the slowdown in demand we're seeing now. The company also cautioned investors that rising costs linked to the semiconductor shortage and the supply chain crisis will remain a problem for the foreseeable future.īeyond Meat shares have not only fallen out of favor with the bulls that had so staunchly supported it over the course of the past couple of years but the stock's big gains logged last year have made it something of a target this year. While it's one of the leading video-gaming accessory brands, last quarter's revenue of $391 million was not only down 14% year over year but fell short of estimates as well. For these stocks, 35%, 31%, and 25%, respectively, of their share floats are currently shorted. For perspective, Meta Platforms' short ratio is 1% while GameStop's has been pared back to 15%.ĭoubt about these stocks makes a fair amount of sense. Among the names with high short interest right now are Corsair Gaming ( CRSR -2.82%), Beyond Meat ( BYND -4.09%), and a video-gaming content platform called Skillz ( SKLZ -3.67%). But some tickers are much more heavily shorted than others. Nearly every publicly traded stock has some degree of short interest - that is, shares of its public float held as short trades. If enough of them get nervous at the same time, they all start buying the stock to cover their short position - buying that only drives that stock higher, causing other short-sellers to become similarly nervous enough to buy those shares to cover their short trades, and so on. The higher a stock climbs, the more nervous short-sellers become. This is where the 'squeeze' premise comes into play. Rather, short-sellers sell a stock they don't own in anticipation of being able to buy it at a lower price at some point in the future. A short trade is the antithesis of a conventional stock trade meant to buy low and then sell high. If you don't know, a short squeeze is the rapid unwinding of short positions in a particular stock. What the heck is a short squeeze? What's a short squeeze?

#Gme short float professional

As to whether you should try to take advantage of them is another question - and perhaps best left to professional investors.īut first things first. To this end, here's a closer look at three stocks with unusually high short interest right now and all potentially subject to a streak of artificially induced buying. Now, some investors are on the hunt for more of the same - or even attempting to make them happen. These trading phenomena are a big part of the reason names like GameStop and Bed Bath & Beyond raced higher, if only temporarily, earlier this year. If you're looking for some sort of investing edge, short squeezes seem to have become in vogue this year.