Will ZIM and QS Continue to Rise on Short Squeeze?
These stocks are experiencing short squeeze.
$ZIM Integrated Shipping Services Ltd.(ZIM)$, a container shipping company, had a 25% short interest in its stock.
$ZIM Integrated Shipping Services Ltd.(ZIM)$ has risen 37.89% this week. Red Sea attacks present a temporary opportunity for ZIM's short-term gains due to altered shipping routes.
Shares of $Quantumscape Corp.(QS)$ surged by over 40% on Thursday following positive lab test results of QuantumScape solid-state batteries announced by Volkswagen's battery subsidiary.
The tests indicated promising advancements in next-generation batteries, promising longer driving ranges and reduced charging times for electric cars.
Will the most shorted stocks experience short squeeze next?
data from short interest and tiger trade
$ReShape Lifesciences, Inc.(RSLS)$ $B. Riley(RILY)$ $Imperial Petroleum Inc(IMPP)$ $Fisker Inc.(FSR)$ $Trupanion(TRUP)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
