![]() That’s been the Ocugen investment story through 2021. In early May, data suggesting Covaxin could protect against a Brazil-based variant of Covid-19 spiked prices above $15 again. That period would signify one of two peaks during which OCGN stock would eclipse $15 per share. That sent the OCGN stock price up from the 20-cent range to $2 practically overnight.Ī few weeks later, in February, Ocugen finalized the deal and sent shares skyward again. Then in late December, OCGN announced that it had signed a letter of intent to co-develop Bharat Biotech’s Covaxin vaccine for the U.S. Ocugen is a company which, prior to the onset of the pandemic, was in the business of commercializing therapeutics for rare eye diseases. ![]() Without further ado, let’s get into these seven short-squeeze stocks to watch. That traditionally signifies high short interest and thus the potential for a short squeeze. As such, we’re looking for short interest above 20% for this list. But for the risk-tolerant investor, there’s a lot out there to like. The same is true for AMC (NYSE: AMC) and any other short-squeeze chase. For every Gamestop (NYSE: GME) investor who got in early back in January, there’s a bunch of people who also bought at $300. Of course, it’s an absolutely risky strategy, but that’s the trade off. That sends prices soaring and can inspire huge returns. Sell enough shares short and a short squeeze can follow. They’ve been clued in on the idea that stocks with high short interest are possible to manipulate as a group. Main Street and the retail investor have realized their collective, price-affecting strength. In fact, it’s fair to say that the investment landscape is undergoing a fundamental shift. Further, that retail movement has gained incredible momentum throughout the pandemic. No doubt, the advent of “meme stock” mania has done a lot to pique market interest in stocks carrying high short interest.įor example, trading platform Robinhood (NASDAQ: HOOD) has played a major part in exposing a large swathe of retail investors to the art of the short squeeze. This past year has been the time for short-squeeze stocks.
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