NUZE Stock Alert: What’s Going on With Short Squeeze Play NuZee Today?

InvestorPlace2021-12-01

One unique innovator within the food and beverage space has received considerable attention recently after being marked by experts as a likely candidate for a short squeeze.NuZee(NASDAQ:NUZE) is known...

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tiguru
2021-12-01
tiguru
K
- tiguru:
  k
SIONGBENG
2021-12-01
SIONGBENG
Good
MachineGun
2021-12-01
MachineGun
Ok
- SIONGBENG:
  Ok
卖女孩的小火柴v
2021-12-01
卖女孩的小火柴v
Ok
- MachineGun:
  Ok
Yv777
2021-12-01
Yv777
Like please
- TJTan:
  liked
- 卖女孩的小火柴v:
  Ok

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This week, though, it’s been in the news for other reasons after being named by financial intelligence platformFintelas one of the most likely short squeeze candidates this week. This type of attention has helped NUZE stock shoot up today as speculation mounts.\nWhat’s Happening With NUZE Stock\nThis sustainable coffee producer didn’t start the week with too much excitement, but today has been a different story. Since markets opened, NUZE stock has been rising and closed up 31%. While it didn’t begin rising until the middle of the day, NuZee quickly rallied and shows no sign of slowing down in after-hours trading.\nThis really does mark a change of pace for NUZE shares. Over the past five days, the stock has been rather stagnant until catching fire today.\nWhat It Means\nIt’s not hard to see why NUZE stock has seen this type of sudden growth. AsInvestorPlaceAssistant News Writer Eddie Panreportedyesterday, NUZE was the No. 2 stock on Fintel’s list of the most likely short squeezes of the week.\nAs Pan noted, “What’s most striking about NuZee is that the cost to borrow shares is 136%. NUZE stock recently climbed from a low of $1.95 to a high of $7.60 before settling down at $3.75 last week.”\nHe added that NUZE’s raw short interest has recently increased by an impressive 1,621%, moving from 74,900 shares to 1.29 million. It’s worth noting that NUZE stock’s overall score for the week was 96.92, second only to top short play Pioneer Power Solutions (NASDAQ:PPSI), which received a score of 99.31. Like NUZE stock, PPSI is also in the green today, closing up by 32% on the same type of momentum.\nWhy It Matters\nAs we all know, significant short momentum tends to drive stocks to short-term gains. Fintel has made the strong case that NUZE stock should be on the radar of everyone carefully monitoring short plays.Twitter(NYSE:TWTR) investment communities are standing by, primed for a squeeze.\nNUZE stock could certainly be the next important squeeze. In the meanwhile, the momentum is there and plenty of investors are paying attention, reaffirming what Fintel’s analysis has told us. This is definitely a stock worth watching, particularly as anticipation 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