Top Short Squeeze Bounce Candidates on the NYSE

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 |  Includes: BRP, BZH, CAA, DWNFQ, FED, HOV, IDMCQ, LNY, MHO, NFI, WCIM
by: Bespoke Investment Group

The NYSE updates its short interest numbers twice a month, and below we highlight the most up-to-date list of stocks with the highest short interest as a percentage of equity float.

As shown, the list is filled with homebuilders, mortgage companies and financials. BZH leads the list at 83%, followed by HOV (76%), NFI (75%), FED (69%) and SPF (67%). With the exception of NFI, every stock on the list is down this year, and in most cases, down significantly.

When the market finally to decides to have a rally, expect these names to get a nice bounce. But don't get greedy -- if you're able to register some gains, be ready to exit quickly.

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