Last Updated moments ago at 8:42 AM
Top 10 Short Squeeze Candidate
Tootsie Roll Industries, Inc.
TR

SqueezeLine Score
9.5
xx
Short Float:25.64%
Float:14.93 million
Shares Short:3.83 million
Shares Outstanding:40.34 million
Short % of Outstanding:9.49%
Average Volume:255,516
Short Ratio:14.98
200-day Trend:Price ▲ Volume ▲
Summary

With a SqueezeLine score of 9.5, TR has an extremely high probability of squeezing higher and is one of our top short squeeze candidates. Having 26% 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 a low float like this, a little bit of volume can move this stock significantly. A short ratio of 14.98 means it would take approximately 15 days to fully cover the short position, based on the recent average volume of 255,516.