E GameStop And Koss Led Reddit/Robinhood Short Interest Squeeze Activity This Week

23 of the 29 stocks with short interests in excess of 30% (see previous TalkMarkets article here) increased 14.9%, on average, this week ending March 12th with 23 stocks also remaining above their prices on January 15th when the short squeeze activity began in earnest.

Tracking those short interest stocks that have continued to increase in price shows the extent to which the short squeeze is faring and, as a result, is remaining a thorn in the side of the short-sellers. The major advancers this week were as follows:

  1. GameStop Media: (GME+92.0% to $264.50/share
  2. KOSS Corp.: (KOSS+88.6% to $27.88/share
  3. Ontrak, Inc.: (OTRX+28.8% to $33.52/share
  4. Macy's, Inc.: (M+23.9% to $18.73/share
  5. SunPower Corp.: (SPWR+18.3% to $36.30/share
  6. Vir Biotech: (VIR) +16.9% to $52.82/share
  7. Naked Brand: (NAKD+16.3% to $1.00/share
  8. Zynex, Inc.: (ZYXI+14.4% to $16.87/share
  9. Ligand Pharma: (LGND) +14.1% to $164.68/share
  10. AMC Networks: (AMCX) +13.8% to $78.63/share
  11. Vaxart, Inc.: (VXRT+12.0% to $6.74/share
  12. The Children's Place: (PLCE) +10.7% to $83.66/share

11 additional high net short interest stocks went up on the week but by less than 10%.

The only decliners this week were as follows:

  1. Stitch Fix: (SFIX-26.2% to $53.87/share
  2. National Beverage: (F IZZ) -7.3% to $50.71/share
  3.  Accelerate Diagnostics: (AXDX-4.3% to $8.99/share
  4. CarParts.com: (PRTS-4.0% to $15.52/share
  5. iRobot Corp.: (IRBT-1.0% to $119.33/share
  6. Rocket Companies: (RKT) -0.4% to $25.01/share

The above analyses suggest that the Reddit/Robinhood short squeeze trend is thriving and probably has more surprises in store for us.

(For more extensive financial information, charts, news releases and articles, and up-to-the-minute stock prices click on the stock symbols links.)

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