Fintel's Short Squeeze List Topped by Pioneer Power (PPSI), Nuzee (NUZE), Newegg (NEGG)
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Fintel.io issued its short squeeze candidates for the week of November 28. The firm's Short Squeeze Scores scoring model ranges from 0 to 100, with 100 being most likely, relative to its peers.
The list includes:
- Pioneer Power (NASDAQ: PPSI): The EV charging play scored 99.31 as short interest leaped from just 32K shares at the end of October to 1.6M shares mid-November, totaling 40.9% of the float. Unshorted float is just 2.37M shares at this time, Fintel noted. Additionally, the cost to borrow is an elevated 80.2%.
- Nuzee, Inc. (NASDAQ: NUZE) makes the list with a score of 96.92. Raw short interest jumped from just 74.9K shares to 1.29M shares, a change of 1,621% and ultimately accounting for 11.20% of the total float, the firm notes.
- Newegg (NASDAQ: NEGG) is again making an appearance on the list with a score of 96.07. Short interest jumped 102% in the first week of November, from 1.04M shares to 2.1M shares, an increase of 102%.
- RenovoRx (NASDAQ: RNXT) has a score of 94.61
- TDH Holdings (NASDAQ: PETZ) has a score of 94.49.
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