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HIMS
Benzinga
25 days

Hims & Hers Stock Could Rocket To Meme Stock Fame — If Short Sellers Feel The Squeeze

1. Hims & Hers sees surge in retail interest for meme stock potential. 2. 33.5% of shares sold short, creating short squeeze opportunity. 3. Stock discussion on social media increased nearly 1,000% last month. 4. Analysts predict 178% EPS growth amid strong revenue and user expansion. 5. Concerns from partnership dissolution and lawsuits may affect investor sentiment.

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FAQ

Why Bullish?

High short interest and strong retail interest suggest potential price increases. Historical instances show that high short interest often leads to short squeezes that drive stock prices up, particularly in the retail investor space.

How important is it?

Retail investor interest and social media buzz strongly correlate with HIMS's stock movement. Given current trends, there is a high likelihood of price movement influenced by retail sentiment.

Why Short Term?

Immediate retail interest and market sentiment can rapidly affect stock prices. Past meme stocks often see quick spikes due to sudden buy-in from retail investors and social media buzz.

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