Potential short squeeze games picked up momentum in 2021 and continued into 2022 with new traders eyeing them next big move.

High short-term interest rates and high borrowing costs are among the common characteristics that can lead to a short squeeze.

Here’s a look at this week’s top five short squeeze candidates, based on the Fintel short squeeze leaderboard and some other stocks to watch as they move up the list.

• Kala Pharma KALA: The company tops the leaderboard, up 15 places from last week. The data shows that 36.3% of the float is empty and the borrowing cost is 378.2%. Kala saw stocks rise recently following the announcement of FDA approval of its KPI-012 for a new investigational drug application. The product is the company’s lead candidate and is aimed at treating corneal epithelial defects.
• Getty Images stocks GETY: The marketplace for content creators and images returns to the rankings, move up three places. Since IPO through SPAC merger, The stock has been a frequent short squeeze candidate. The data shows 99.9% float short and borrowing cost 150%.
• Pax Medica Inc PXMD: The clinical-stage biopharmaceutical company stays on the leaderboard but falls back two places from last week. The data shows that 30.5% of the float is empty and the borrowing cost is 660%. The short percentage has increased since last week and borrowing costs have decreased. Borrowing costs remain the highest among Fintel’s ranking stocks.
• Avalon GloboCare corp ALBT: The healthcare management company ranks fourth this week. The data shows 18.3% float short and borrowing costs 22.2%.
• MicroStrategy Inc MSTR: The software company and Bitcoin BTC/USD Owner is ranked fifth in the leaderboard for the week. The stock is no stranger to the rankings Companies that hold bitcoin or are involved in the cryptocurrency sector are often the target of short sellers. The data shows that 36.5% of the float is empty and the borrowing cost is 40.6%.

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