10 Short Squeeze Stocks To Watch: Intuitive Machines, Bullfrog AI, GuardforceAI & 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. Intuitive Machines LUNR moves up one position from last week to top the leaderboard. Data shows 22.5% of the float short, in line with last week’s report. The cost to borrow on shares is 303.7%, down from last week’s 331.7% reported. The space exploration company’s hares are up over 30% in the last month.
2. AirSculpt Technologies AIRS moves up one position from last week’s leaderboard to rank second. Data shows 34.6% of the float short, in line with last week’s report. The cost to borrow shares is 22.1%, down from last week’s 33.9% reported. The stock previously topped the short squeeze leaderboard for two straight weeks in early June.
3. Bullfrog AI Holdings BFRG rejoins the top five short squeeze leaderboard with a 17 position move from last week to rank third for the week. The stock previously ranked in the top five short squeeze candidates in early May. Data shows 17.1% of the float short and a cost to borrow of 576.5%.
4. Wearable Devices WLDS moves up one position to rank fourth for the week. The stock previously jumped 204 places to rank fifth on the leaderboard last week. Data shows 15.1% of the float short, in line with last week’s report. The cost to borrow on the stock is 457.9%, which is among the highest, but down from last week’s 816% reported.
5. Guardforce AI GFAI moves up 21 positions to rank fifth for the week. Data shows 19.2% of the float short and a cost to borrow of 148.4%. The stock was named to Benzinga’s “Stock Whisper” Index in April due to increased interest in the name from readers. Stocks with artificial intelligence in their name and/or ticker have seen increased volatility in recent months.

Related Link: Benzinga's 'Stock Whisper Index': 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet

Stocks to Watch: Outside the top five short squeeze candidates, several other names are making big moves, including:

1. Toro Corp TORO: The energy transportation company moves up seven positions to rank sixth for the week. Data shows 55% of the float short and a cost to borrow of 16.5%. The stock previously topped the leaderboard for several weeks.
2. Arrival ARVL: The electric vehicle company jumps 24 positions to rank eighth on the leaderboard for the week. Data shows 19.9% of the float short and a cost to borrow of 49.1%.
3. Getty Images Holdings GETY: Content creator and image marketplace company moves down eight positions to rank ninth after topping the list last week. Data shows 160.7% of the float short and a cost to borrow of 82.7%. The stock has frequently appeared in the top ten since going public.
4. Carvana Co CVNA: The automotive ecommerce company ranks 80th on the short squeeze leaderboard. The stock has been an often discussed short squeeze candidate across social media. Data shows 64.1% of the float short, which ranks third on the leaderboard. The cost to borrow shares is 8.2%.
5. Big Lots Inc BIG: Retail stock ranks 61st on the leaderboard, moving up 87 positions from last week. Data shows 40.7% of the float short and a cost to borrow of 5.7% on shares.

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