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As one of the most shorted stocks in the market, CARV is currently being targeted by retail investors to trigger a short squeeze.
Approximately 68.2% of CARV’s floating shares have been sold short, which has attracted meme stock investors. It is a frequently discussed stock across popular Reddit forums r/pennystocks and r/wallstreetbetsHIGH. The stock has gained 119.1% over the past five days, and 234.4% year-to-date, to close yesterday’s trading session at $21.70.
