Last Updated moments ago at 11:20 AM
Top 50 Short Squeeze Candidate
Recon Technology, Ltd.
RCON

SqueezeLine Score
8.6
xx
Short Float:23.84%
Float:3.10 million
Shares Short:738,827
Shares Outstanding:18.31 million
Short % of Outstanding:4.04%
Average Volume:3.53 million
Short Ratio:0.21
200-day Trend:Price ▲ Volume ▲
Top Analyst Recommendations
Summary

With a SqueezeLine score of 8.6, RCON has a very good chance of squeezing higher and is one of the top short squeeze candidates. Having 24% of the float sold short, there are many short sellers that will need to cover their position. This short interest is high. The 200-day price and volume are both in an uptrend, which is generally bullish. With an extremely low float like this, a little bit of volume can move this stock significantly. A short ratio of 0.21 means it would take approximately 1 day to fully cover the short position, based on the recent average volume of 3.53 million.