Centrus Energy (LEU) is up more than 60% in the year to date, and with short interest of 21.15%, it is a short squeeze candidate. In the event of a breakdown of resistance points, analysts forecast a potential gain of around 35%.
At the end of trading in January 2025, short interest in LEU was at 21.16%, with 3.26 million shares being sold short. The percentage is not high, but high enough to support a squeeze in case of increased buying pressure, according to MarketBeat. And this configuration is materializing as institutional holdings continue to build.
