4 Short Squeeze Stocks To Watch Now | 1st Week Of December 2022!

Considering the #stockmarket trends this week, volatility is clearly not going anywhere anytime soon. Whether you’re trading penny stocks or higher-priced shares of companies, broad market events have impacted most sectors. But with a bit more optimism lately, some are looking for cues that the bear market is over and opportunities to buy the dip. With so much heavy selling, there are also much higher levels of short interest right now. It isn’t just #pennystocks experiencing big bets against them. Look at companies like GoHealth Inc (NASDAQ:GOCO). You might recall the company was mentioned earlier this month as one of the penny stocks under $1 to watch. Since the article was published, GoHealth completed a reverse split of its shares and now trades at a much higher price. That hasn’t pushed the pause button on short interest. Currently, according to sources like TDAmeritrade and Fintel.io, the short float percentage on GOCO stock sits well above 80%. This is also a stock priced at $12+. Many other examples, including stocks trading above $100 per share, like MicroStrategy (NASDAQ:MSTR), have seen an increase in short interest. In addition to the overall market, cryptocurrency stocks have been plagued with bad news and bearish sentiment. Michael Saylor’s company hasn’t been immune to this either. Right now, the MSTR stock short float percentage hovers around 40%. The critical thing to understand is that a #shortsqueeze is typically aggressive but happens quickly. So volatility is usually relatively high. Today we look at a few penny #stocks with higher short interest. Will they squeeze? That’s yet to be seen, but the first step in putting together a list of penny stocks that fit these criteria is to identify stocks with higher short interest. Full Article: https://pennystocks.com/featured/2022/12/01/best-penny-stocks-to-buy-4-short-squeeze-stocks-to-watch-now-december/