D-Wave Quantum Among 16 Stocks with Potential Short Squeeze After 2.04% Drop
QBTS•D-Wave Quantum ranks among 16 stocks with short sellers facing estimated losses based on June 15 reporting, registering a 2.04% intraday decline. The screen analyzed one year of short interest additions versus the prior two-week average price to quantify loss levels that could trigger covering.
1. Short Squeeze Screening
The screening process reviewed one year of short interest reports and compared average prices from the two weeks preceding each addition. Positions reported on June 15 with significant mark-to-market losses were flagged as potential squeeze candidates.
2. D-Wave Quantum Short Interest Losses
D-Wave Quantum registered a 2.04% intraday decline while appearing on the list of 16 flagged names. High short interest reported as of June 15 implies substantial unrealized losses for short sellers and raises the likelihood of covering-driven rallies.
