Short squeeze stocks are still a hot topic this week, but there are five stocks in particular that investors will want to watch!
This list of short squeeze stocks to watch comes courtesy of Fintel. The publication releases a new list of short squeeze stocks likely to rise every week via its Short Squeeze Leaderboard.
The Fintel Short Squeeze Leaderboard covers a variety of factors when determining the squeeze potential of a given stock. These criteria include relative short interest, borrow fee rates, trading volume and more.
With that data, Fintel assigns stocks with a score between 0 and 100. The closer a stock is to 100, the more likely it is to undergo a short squeeze.
Keeping that in mind, let’s check out the top short squeeze stocks to watch this week below!
Short Squeeze Stocks to Watch This Week
- Toughbuilt Industries (NASDAQ:TBLT) stock tops the list this week with a short squeeze score of 99.4.
- Redbox Entertainment (NASDAQ:RDBX) shares claim the next spot with a short squeeze score of 99.34.
- Revlon (NYSE:REV) stock joins third on the list with a score of 99.13.
- TDH Holdings (NASDAQ:PETZ) shares also have the potential to rise, showing a score of 98.94.
- Hour Loop (NASDAQ:HOUR) stock finishes this week’s top five with a short squeeze score of 98.74.
Of course, we have more than just short squeeze news for investors to read about today!
InvestorPlace offers up all of the latest stock news that traders need to know about! For Monday, this includes the date of a Tesla (NASDAQ:TSLA) stock split, what has hydrogen stocks on the move and news that Global Blood Therapeutics (NASDAQ:GBT) is being acquired. All of that news is available at the links below!
More Monday Stock Market News
- Dear TSLA Stock Fans, Mark Your Calendars for Aug. 17
- Why Are Hydrogen Stocks FCEL, BE, GEVO, PLUG Up Today?
- GBT Stock Alert: Pfizer Is Officially Acquiring Global Blood Therapeutics
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Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.