These Growth Stocks Are Ripe For a Short Squeeze

Stocks keep going on and snagging record highs left and right, thanks to parabolic semiconductors. Instead of bracing for the inevitable pullback, maybe contrarians should be watching for outperforming names still showing some unwind potential.

This screen finds stocks where the shorts might be at a big loss and therefore likely to begin covering. Obviously, there are quite a few assumptions so these would be very rough estimates.

To estimate the return for the shorts, Rocky went back over the past year of short interest reports to find when the shorts were added. Then he used the average price over the prior two weeks and estimated the shorts were added at that average price. Below are stocks where significant shorts have been added and they could be at a big loss. 

Bear in mind, this data is from the most recent reporting period (5/15).

The list is littered with growths tocks. Nebius Group (NBIS) continues to send short sellers packing. Quantum computing stalwarts like D-Wave Quantum (QBTS) are making an appearance. Plus, drone stock Blacksky Technology (BKSY) is a name to watch in the popular sector.