High Short Interest Stocks to Watch

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Finding new investment opportunities based on Market Sentiment and Indicators. Manage portfolio risk with leading indicator of volatility See what influential analysts and investors are saying about stocks in your watchlist
 

•  26 Apr 2025
 

Western Alliance ($WAL) has seen a meaningful 18.89% drop in short interest since the last report, signaling some possible easing of bearish pressure even though the stock remains stuck in a sideways trend around $69.70. Hamilton Lane ($HLNE), by contrast, has a growing short position, up 11.48%, trading just above $148. Although the price action has been steady, it's sitting right near key moving averages, suggesting traders are bracing for a breakout or breakdown.

STMicroelectronics ($STM) also saw a 5.59% increase in short interest, yet its fundamentals remain strong, with a P/E of 19.85 and a beta of 1.56, indicating moderate volatility. It’s holding sideways around $23.28, but technically, it’s showing some resilience above its 20-day moving average.

Home Depot ($HD) is another big name catching shorts’ attention, with short interest up 8.33%. Trading at $357.58 and showing a clear downtrend, HD looks vulnerable, especially with weakening technicals below all major moving averages.

Unity Software ($U) also saw short interest tick higher by 4.71%, but interestingly, it's been holding a sideways range with some relative strength, closing at $22.45. Given Unity’s lack of profitability and negative EPS, it remains a speculative play, but short-term traders may be sniffing out an oversold bounce.

Gilead Sciences ($GILD) has witnessed a 4.44% decline in short interest. However, with a sharp 2.81% selloff recently and a technical downtrend firmly in place, GILD isn’t offering much excitement for bullish traders in the immediate term.

ASGN Incorporated ($ASGN) presents a slightly more interesting story. Its short interest has fallen 8.06%, and though the price is down modestly at $51.37, the stock seems deeply oversold with an RSI of just 21.14. This could make it a prime candidate for a near-term reversal, especially if buyers step in around support levels.

Globus Medical ($GMED) is one of the standout names, with a 36.6% surge in short interest. Despite that, the stock is merely drifting sideways near $72.80. High short interest combined with sideways action often sets the stage for a potential short squeeze — something sharp-eyed traders will want to monitor closely.

Flex ($FLEX) also saw a notable 18.23% increase in short bets, but the stock’s momentum looks solid, gaining 1.62% and holding firm above its major moving averages. With a healthy P/E of 14.36 and relatively low volatility (beta 0.99), FLEX doesn’t look particularly weak, and might even trap bears if the price keeps pushing higher.

First Hawaiian ($FHB) short interest rose 4.07%, but shares are stuck in a clear downtrend at $22.85. Unless there’s a catalyst, FHB looks vulnerable to further declines.

Westinghouse Air Brake ($WAB) bucks the trend with a huge 28.07% decrease in short interest. Trading at $184.03 and trending sideways, this easing bearish sentiment could pave the way for stabilization or even a modest recovery.

Tradeweb Markets ($TW) stands out with a 16.78% increase in short interest, but despite that, the stock is in a healthy uptrend, closing at $135.29. Short sellers here may be fighting the tape, and if the trend holds, TW could force a squeeze.

Prosperity Bancshares ($PB) rounds out the list, with an 18.87% drop in short interest, signaling decreasing bearish bets. Trading at $67.14 with an RSI of just 34.54, PB looks oversold but stable for now.

Bottom line — Globus Medical ($GMED) offers the most attractive near-term opportunity. With short interest soaring by 36.6% while the stock drifts sideways, it sets up the perfect environment for a potential short squeeze. In a trader’s market, when sentiment turns, stocks like $GMED can move explosively higher, and positioning early could be key.