10 Short Squeeze Stocks To Watch: Toro Corp, Bullfrog AI Holdings, Tupperware, Blue Apron And More

Potential short squeeze plays gained steam in 2021, continued throughout 2022, and remain a new focus of traders looking for the next huge move.

High short interest and steep borrowing costs are among the common traits that could lead to a short squeeze.

Here’s a look at the top five short squeeze candidates and several stocks to watch this week based on the Fintel short squeeze leaderboard.

1. Toro Corp TORO moves up one position from last week to top the leaderboard for the week. Data shows 41.7% of the float short, down from last week’s 47.8% reported. The cost to borrow on shares is 24.0%, down from last week’s 25.7% reported. The stock previously topped the short squeeze leaderboard for several weeks in May and has made frequent appearances in the top 10 over the last three months. Toro recently ranked second for two straight weeks.

2. Apollomics APLM continues its climb on the leaderboard, moving up two positions to rank second for the week. The company, which completed a SPAC merger earlier this year, gained 4,166 positions to rank fourth in last week’s report. Data shows 38.5% of the float short, which is down from last week’s 88.3% reported. The cost to borrow of 738.7% is up from last week’s 715.9% and one of the highest reported in recent weeks.

3. Healthcare Triangle Inc HCTIC makes the biggest move of the stocks topping the leaderboard, moving up 197 positions to rank third for the week. Data shows 18.0% of the float short and a cost to borrow of 472.1%.

4. Bullfrog AI Holdings BFRG moves up eight positions to rank fourth for the week. The stock was mentioned as a stock to watch in last week’s report as it was moving up the leaderboard and had elevated figures. Data shows 15.4% of the float short, down from last week’s 16.5% reported. The cost to borrow on shares of 485.2% comes in higher than the 330.1% reported last week and is the second-highest borrowing cost of the week.

5. Greenidge Generation Holdings GREE ranks fifth for a second straight week. The company, which was previously known as Support.com, is a power generation and Bitcoin BTC/USD mining company. Data shows 15.6% of the float short, up from last week’s 11.2% reported. The cost to borrow on shares is 81.0%, down from last week’s 108.7% reported. Bitcoin mining companies have been popular targets by short sellers, and have made appearances on this list in recent months.

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Stocks to Watch: Outside the top five short-squeeze candidates, several other names are making big moves. Here are five stocks that are climbing the leaderboard or have high data figures for a short percentage or cost to borrow.

Dragonfly Energy Holdings Corp DFLI moves up 20 positions to rank seventh for the week. Data shows 21.9% of the float short and a cost to borrow of 112.3%.

Getty Images Holdings GETY ranks eighth for a second straight week. Data shows 206.7% of the float short and a cost to borrow of 57.7%. The stock previously topped the leaderboard for several weeks and continues to rank among the most shorted stocks.

JOANN Inc JOAN ranks 13th for the week, moving up two positions on the leaderboard. Data shows 18.0% of the float short and a cost to borrow of 32.0%. The retailer has been seeing movement up the leaderboard in recent weeks.

Blue Apron Holdings APRN ranks 17th for the week, moving up seven positions on the leaderboard. Data shows 27.2% of the float short and a cost to borrow of 24.5%.

Tupperware Brands Corp TUP ranks 52nd on the leaderboard, moving up 30 positions for the week. Data shows 25.1% of the float short and a cost to borrow of 75.5%. The well-known consumer brands company saw increased trading action in the last week and also appeared on Benzinga’s “Stock Whisper” Index for the week.

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