We thought it would be interesting to look back at the stock float and short interest of GameStop on the one-year anniversary of its epic short squeeze. GME ushered in a new era of “meme stocks” followed by millions of traders on social media. Let’s check out how likely it is that we’ll see another squeeze.
We thought it might be interesting to analyze the reported data and list the lowest float stocks and the highest short interest stocks for January 2022. We’ll break this out for the five financial sites: Yahoo Finance, Finviz, TD Ameritrade, Morningstar, and the Wall Street Journal. Let us know if you find this useful for your trading.
The stock of companies such as Takung Art (TKAT) have seen considerable volatility on the hope of non-fungible token, or NFT, technology. Recent news surrounding NFTs have sent the share price of these companies soaring. In the case of TKAT, its low float didn’t hurt either. We’ll analyze TKAT’s recent filings to determine its connection with NFTs and to calculate the stock’s float.