5 Short Squeeze Candidates to Watch: Progenity Tops List Again, Cassava Sciences Joins Following Short Report

5 Short Squeeze Candidates to Watch: Progenity Tops List Again, Cassava Sciences Joins Following Short Report
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, on Aug. 9, 2021. Andrew Kelly/Reuters
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Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp. or AMC Entertainment Holdings Inc.

A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.