The 29 Reddit stocks with short interests in excess of 30% (see previous TalkMarkets article here) have declined 8.9%, on average, in the past week with only four advancing marginally so is the short squeeze in these stocks over? Well, not quite, as all but 1 of those stocks are still up (by 24.1%, on average) since the short squeeze began in earnest on January 15th. This article takes a look at the short interest stock activity this past week and their performance since mid-January.

The major decliners last week - with their performance since January 15th in brackets - were as follows.

1. SunPower: (SPWR) -24.2% (+18.1%) to $37.76/share
2. GameStop: (GME) -22.5% (+11.4%) to $40.59/share
3. Fulgent Genetics: (FLGT) -17.4% (+88.1%) to $133.02/share
4. Ligand Pharma: (LGND) -17.2% (+18.1%) to $142.87/share
5. Clovis Oncology: (CLVS) -15.8% (+19.2%) to $6.65/share
6. Naked Brand: (NAKD) -15.3% (+171.1%) to $1.22/share
7. Ontrak: (OTRX) -13.9% (+8.6%) to $73.36/share
8. Vaxart: (VXRT) -12.0% (+3.9%) to $7.46/share
9. Accelerate Diagnostics: (AXDX) -9.3% (+33.8%) to $12.35/share
10. Beyond Meat: (BYND) -8.7% (+14.4%) to $160.22/share
11. Zynex: (ZYXI) -8.1% (+8.2%) to $17.87/share
12. National Beverage: (FIZZ) -8.0% (+13.7%) to $100.80/share

Another way to look at how the high short interest stocks are doing is to track those short interest stocks that have continued to increase in price and, in doing so, remain thorns in the side of the short-sellers. The only advancers last week were:

1. Vir Biotech: (VIR) +10.3% (+94.8%) to $76.58/share
2. Tanger Factory: (SKT) +3.2% (+15.7%) to $14.60/share
3. AMC Networks: (AMCX) +1.5% (+19.5%) to $50.27/share
4. Macy's: (M) +0.6% (+15.1%) to $14.97/share

Of the remaining 13 high net short stocks, only Macerich (MAC), is currently down (-7.8%) from where it was on January 15th while the other 12 stocks have only increased in price by less than 10% since then. 

The lack of buying support this past week suggests that the Reddit short squeeze trend may be waning but it is too early to conclude that the short squeeze is over.

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