10 Short Squeeze Stocks To Watch: Toro Corp, Greenidge Generation, Getty Images And More

Potential short squeeze plays gained steam in 2021, continued throughout 2022, and remain a focus of new 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: The energy transportation company ranks first on the leaderboard for a third straight week. Data shows 70.6% of the float short, in line with last week’s figure. The cost to borrow on shares has dropped to 24.4%, down from last week’s 27.4%.

2. Greenidge Generation Holdings GREE: The cryptocurrency data center and power generation company is climbing the leaderboard, moving up 605 places to rank second for the week. Data shows 60.6% of the float short and a cost to borrow of 11.5%. The stock is down over 90% in the last year. Greenidge merged with Support.com in 2021.

3. AirSculpt Technologies AIRS: The body contouring company moves up one position to rank third for the week. Data shows 46.9% of the float short, in line with last week’s figure. The cost to borrow on shares is 14.2%, up from last week’s 5.8%.

4. MoonLake Immunotherapeutics MLTX: The biopharmaceutical company moves up one position to rank in fourth for the week. Data shows 61.5% of the float short, up from last week’s 38.4% reported. The cost to borrow on shares is 10.6%, in line with last week’s figure.

5. Getty Images Holdings GETY: The image marketplace and content creator company Getty Images ranks fifth, dropping two places. The company previously topped the leaderboard for four straight weeks earlier this year before dropping a couple positions and at one point moving out of the top five. Data shows 225.5% of the float short and a cost to borrow of 94.1%, with both figures ranking among the highest on the leaderboard.

Related Link: What Is A Short Squeeze? 

Stocks to Watch: Outside the top five short squeeze candidates, several other names are making big moves and could be ones to watch for investors.

• Arrival ARVL: The electric vehicle company Arrival moves up 38 positions to rank sixth. Data shows 18.9% of the float short and a cost to borrow of 38.1%.
• Beam Global BEEM: The electric vehicle and solar energy infrastructure company moves up 35 positions to rank seventh on the leaderboard. Data shows 18.5% of the float short and a cost to borrow of 19.2%.
• PaxMedica Inc PXMD: The biopharmaceutical company drops seven positions to rank ninth for the week. Data shows 28.7% of the float short and a cost to borrow of 381.1%. The stock has one of the highest borrowing costs on the leaderboard and continues to rank consistently in the top 10 short squeeze candidates.
• Bullfrog AI Holdings BFRG: The biotech company moves up 12 positions to rank 11th for the week. Data shows 15.8% of the float short and a cost to borrow of 661.1%. This ranks as the highest borrowing cost of all stocks on the leaderboard.
• Alpine 4 Holdings ALPP: One of the biggest moves for the week comes with acquiring company Alpine 4 Holdings moving up 1,754 positions to rank 16th. Data shows 54.4% of the float short and a cost to borrow of 7.4%.

Read Next: Getty Images Q1 Earnings Highlights: Revenue Beat, Subscribers Increase, Guidance And More 

Photo via Shutterstock.