High short interest can help investors identify potential high risks. And, it can also be a sign of a possible short squeeze situation – especially if the stock in question has been rocketing higher.

With a short interest of 19.68%, shares of IREN are still exploding higher. Since bottoming out at $50, IREN is now up to $67.75. With a short interest of about 18%, Bloom Energy has been explosive.

With 23% of its float short, Viking Therapeutics has been gaining momentum. In fact, since bottoming out at around $25, it’s now up to $38.88. With a short interest of 24.5%, Altimmune is another ...