5 Short Squeeze Candidates to Watch: Petros Pharma Tops List With 254 Percent Cost to Borrow, One of Highest Figures on Record

5 Short Squeeze Candidates to Watch: Petros Pharma Tops List With 254 Percent Cost to Borrow, One of Highest Figures on Record
A sign is posted on the exterior of a GameStop store in Emeryville, Calif., on March 10, 2021. Justin Sullivan/Getty Images
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Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. and AMC Entertainment Holdings are two high-profile examples of short-squeezes earlier this year.

A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price.