Chart Talk: Short squeeze trend looking long in the tooth

Jul. 25, 2022 10:16 AM ETSPDR S&P 500 Trust ETF (SPY)SP500By: Kim Khan, SA News Editor3 Comments

Short Squeeze stock chart illustration

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  • Looking at the charts, there may be a shift coming in the performance of heavily shorted stocks, according to BTIG.
  • Most-shorted names have outperformed least-shorted names by about 30% since the May lows of the S&P 500 (SP500) (NYSEARCA:SPY), BTIG Chief Market Technician Jonathan Krinsky wrote in a note Monday.
  • "Feels like that trend might be exhausting itself," Krinsky said.
  • See the stocks on the most crowded short list.

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