Best High Short Interest Stocks Based on Machine Learning: Returns up to 28.79% in 3 Days
Best High Short Interest Stocks
The High Short Interest Stocks Package is designed for investors and analysts who need predictions for stocks with high short interest that are often very volatile and well known for making explosive upside moves (known as a short squeeze). Such stocks have prices that can potentially move up very quickly as traders with open short positions move to cover. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to buy and sell:
- Top 10 High Short Interest Stocks for the long position
- Top 10 High Short Interest Stocks for the short position
Package Name: High Short Interest Stocks
Recommended Positions: Long
Forecast Length: 3 Days (2/25/24 – 2/28/24)
I Know First Average: 8.21%
The algorithm correctly predicted 9 out of 10 the suggested trades in the High Short Interest Stocks Package for this 3 Days forecast. SANA was our best stock pick with a return of 28.79%. BYND and W had notable returns of 25.86% and 9.76%. The package had an overall average return of 8.21%, providing investors with a 8.58% premium over the S&P 500’s return of -0.37% during the period.
Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.
How to interpret this diagram
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.