3 months ago
Heavily shorted stocks have proven popular with meme traders
By
Emily Bary
Meme-stock traders in the past have targeted stocks with heavy short interest, theorizing that they can buy in and drive a short squeeze.
Some of the most heavily shorted names are seeing rallies in Monday's premarket action, including shares of SunPower and MicroCloud Hologram, up 13%. Those two top the list of the most shorted stocks on MarketWatch's data pages.
Other names from that list with high short interest are rising as well, but not to the same degree. These include shares of Children's Place, up 2%, and B Riley Financial, up 4%.
