Macy's joins 16-stock short squeeze list; Myriad Uranium starts Phase II drilling
M•Macy's has ranked among 16 names with significant short positions added through June 15, putting it on a list of short-squeeze candidates. Myriad Uranium Corp. has commenced Phase II drilling at its Copper Mountain Uranium Project in Wyoming, advancing its uranium exploration program.
1. Macy's Included in Short-Squeeze Screen
Macy's was flagged in a screening of 16 stocks where short sellers added positions at average prices over the prior two weeks before June 15 filings, indicating potential short-covering opportunities. The retailer’s inclusion suggests elevated short interest compared with recent price averages, raising the prospect of a squeeze.
2. Myriad Uranium Phase II Drilling Underway
Myriad Uranium Corp. has initiated Phase II drilling at its Copper Mountain Uranium Project in Wyoming. The program aims to expand known uranium resources and refine the geological model, with initial holes targeting extensions of high-grade zones identified in Phase I.
