Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
Follow @TMFMathGuy
In this week s episode of
Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, are doing an IPO roundup. First, they dive into two companies that have recently gone public homebuilder
Dream Finders Homes (NASDAQ:DFH) and fintech company
Affirm (NASDAQ:AFRM). Then they ll take a closer look at what we know about upcoming IPOs for cryptocurrency exchange Coinbase and mortgage lender HomePoint Capital. Finally, Matt and Jason share why they re watching
Conversely, if there are more investors who want to buy shares than the market can accommodate, the stock s price will move higher until enough shareholders are willing to sell shares to all of the interested buyers. The latter is the basic idea underpinning a short squeeze – but more on that later.
Short interest
Short squeezes are most commonly seen in stocks that have a lot of short-sellers betting against them. You can find this by looking up a stock s short interest, which is often included in a long-form stock quote you get from your broker.
Short interest is typically updated at the end of each month and tells you the quantity of shares sold short as a percentage of the stock s float, or the number of shares that are actually available to trade. For example, if a company has a float of 10 million shares and 2 million shares are currently sold short, it would have a short interest of 20%.
Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
Follow @TMFMathGuy
What happened
The stock market was having a rough session on Wednesday, with all major averages in the red. But there was some interesting price action going on in some heavily shorted stocks.
GameStop and
AMC Entertainment were understandably grabbing most of the headlines, as continuing short squeezes drove those stocks higher by 89% and 232%, respectively, as of 10:30 a.m. EST.
Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
Follow @TMFMathGuy
The stock market has recovered the losses of the early 2020 COVID-19 crash and then some. As of Jan. 22, the S&P 500 is up by nearly 16% over the past year. However, not all areas of the stock market have recovered just yet. Real estate remains a big laggard, with the