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With more rookie investors on the lookout for the next short-squeeze candidate, the market has witnessed dramatic moves in stocks with high short interest. In addition, work-from-home trends, higher personal savings levels, and access to zero-commission trading platforms should continue to drive social-media-savvy millennials to trading platforms.
Continental Resources, Inc. (CLR), DICK’S Sporting Goods, Inc. (DKS), and Macy’s, Inc. (M) each possess short interest of more than 10%. However, these shorted stocks could be highly rewarding for investors based on their short-squeeze potential.
