Shorters Have Been Profiting by Piling On To These Stocks, Which Company Will Be Next?

DUBAI – Rotten Tomato Stocks – Recently the most intensely short-sold stocks are short-sold on the grounds that they’re valuation is not based in reality, they are ineffectively run organizations or are uncontrollably withdrawn from their basic essentials. The accompanying Two intensely short-sold stocks fit that definition well and it appears as though mainstream investors have noticed this and taken action:

Blink Charging: 43.05% of float currently held short

If the data screener is expanded to include public companies with a market cap of $300 million or higher, electric-vehicle (EV) charging products and EV services network provider Blink Charging (NASDAQ:BLNK) has the highest short percentage relative to float according to Finviz.

Sundial Growers: 10.07% of float currently held short

Among companies with a market cap of at least $2 billion, data from Finviz shows that Canadian marijuana stock Sundial Growers (NASDAQ:SNDL) has a high short percentage, relative to its float.

On the Radar: IM Cannabis (NASDAQ:IMCC) (CSE:IMCC)

When we consider the criteria listed above, along with other factors, you have to wonder what the next ‘target’ will be for short sellers in the near future. A potential candidate that came to our attention, which could end up being another target for such activity is marijuana focused – IM Cannabis (NASDAQ:IMCC) (CSE:IMCC). We found it to be very compelling.

We put together a detailed breakdown of IMCC to further look at the potential of it becoming a short target. Click here to review the information we found on IM Cannabis

As more information becomes readily available to investors, especially new investors, people are becoming more and more educated in the stock market. This information is leading to a plethora of new investors going both Long, and Short in the markets as more and more cash is put into the markets.

Visit: https://rottentomatostocks.com for more stock news and reports.

Disclosure/Disclaimer: These reports have been prepared by Grainne Capital Limited (“GCL”). GCL owns Rotten Tomato Stocks. All reports are for informational purposes only and presented “as is” with no warranty of any kind, express or implied. Under no circumstances should any of these reports or any information herein be construed as investment advice, or as an offer to sell or the solicitation of an offer to buy any securities or other financial instruments. Grainne Capital Limited and it officers, directors and associates do not own any shares in any of the companies listed above.

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