Short Squeeze Penny Stocks

Penny stocks (under $5) with elevated short interest and high days-to-cover ratios, ranked by a composite "squeeze readiness" score that blends short-float pressure, technical setup, and momentum signals. These are the names where a short squeeze is mechanically most plausible.

Our screener flagged 25 short squeeze candidates in the current session, ranked by composite squeeze-readiness score combining short interest, days-to-cover, and technical setup. Leading the list is Century Therapeutics, Inc. Common Stock (IPSC) with 17.3% short float, 13.5 days-to-cover, readiness score of 81, in the “Igniting” phase. Also worth attention: TuHURA Biosciences, Inc. Common Stock (HURA). The complete ranked list is below.

Data as of 2026-06-23 · End-of-day prices
#SymbolCompanyPriceMkt CapShort FloatDTCReadinessSetup
1IPSCCentury Therapeutics, Inc. Common Stock$2.4100441.9M17.3%13.581Igniting
2HURATuHURA Biosciences, Inc. Common Stock$2.6400143.9M34.8%14.872Coiled
3OCGNOcugen, Inc. Common Stock$1.3800467.2M25.8%14.370Coiled
4SANASana Biotechnology, Inc. Common Stock$3.3500918.4M24.9%10.469Igniting
5IKTInhibikase Therapeutics, Inc. Common Stock$1.8700231.1M44.1%24.669Coiled
6GETYGetty Images Holdings, Inc.$0.9300435.7M20.7%4.669Igniting
7PRMEPrime Medicine, Inc. Common Stock$3.2400641.2M44.1%11.266Coiled
8ALTAltimmune, Inc. Common Stock$2.9100593.1M37.5%14.566Coiled
9GALTGalectin Therapeutics Inc.$3.1200166.0M17.6%19.766Coiled
10IOVAIovance Biotherapeutics, Inc. Common Stock$4.44001.83B27.2%8.266Igniting
11ALLOAllogene Therapeutics, Inc. Common Stock$2.0700749.0M26.2%6.865Coiled
12OGENOragenics Inc.$0.58802.7M21.5%16.764Coiled
13VSTMVerastem, Inc.$4.2100380.5M25.9%10.164Coiled
14FBIOFortress Biotech, Inc.$3.160093.0M20.8%11.364Coiled
15LXRXLexicon Pharmaceuticals, Inc.$2.1600968.3M11.6%13.764Igniting
16NKTXNkarta, Inc. Common Stock$3.0300232.5M11.9%10.264Igniting
17RCKTRocket Pharmaceuticals, Inc. Common Stock$3.4700335.2M26.7%9.563Coiled
18LDIloanDepot, Inc.$1.1400715.9M23.7%10.862Coiled
19PROKProKidney Corp. Class A Ordinary Shares$1.8000375.5M20.5%18.562Coiled
20BMEABiomea Fusion, Inc. Common Stock$1.230099.8M22.3%14.562Coiled
21XRXXerox Holdings Corporation Common Stock$3.1400423.7M31.4%5.262Coiled
22KLRSKalaris Therapeutics, Inc. Common Stock$4.4700125.4M25.3%10.361Coiled
23CCCCC4 Therapeutics, Inc.$4.2200483.2M28.8%9.461Coiled
24NRDYNerdy Inc.$0.8749104.0M14.2%20.361Coiled
25ZURAZura Bio Limited Class A Ordinary Shares$4.3050355.8M12.0%9.161Coiled

How We Rank Squeeze Candidates

A short squeeze happens when a heavily shorted stock starts rising. Shorts have to buy back shares to cover, pushing the price further up, which forces more covering, and so on. The mechanical inputs are well known. The hard part is filtering noise.

Our readiness score weights five things:

  • Short float %: the more of the float that's short, the more fuel for a squeeze.
  • Days to cover (DTC): how many normal trading days shorts would need to exit. Higher = harder to exit cleanly.
  • Recent technical setup: RSI positioning, TTM Squeeze status, MACD direction, moving-average structure.
  • Price momentum: recent 5-day move, often the trigger.
  • Setup category: Coiled (building), Igniting (just moved), Late stage (already extended), Falling Knife (avoid).

The Setup column tells you which phase a name is in. "Coiled" and "Igniting" are where the asymmetry is best; "Late stage" means most of the move may already be gone.

See also: daily archive of this scan (historical day-by-day snapshots), highest short interest, nano-cap squeezes.

Indicators Used in This Scan

Short Float % is the percent of a company's free-tradeable float that's currently sold short. Higher short float means more shares that must eventually be bought back — more potential squeeze fuel. Above 20% is elevated; above 30% is unusually high. The short interest is reported by FINRA and updated bi-monthly.

Days to Cover (DTC) divides the total short interest by the average daily trading volume — an estimate of how many normal trading days shorts would need to exit their positions. DTC above 3 means shorts can't quietly cover on average volume; DTC above 7 means a forced unwind has to push price meaningfully higher to find liquidity.

TTM Squeeze identifies low-volatility periods by detecting when Bollinger Bands contract inside Keltner Channels. The squeeze itself doesn't predict direction — only that volatility expansion is coming — but the accompanying momentum histogram indicates the likely direction of the eventual release. Combine a positive squeeze with positive momentum for high-conviction bullish setups.