NutriSystem Inc. (NTRI)

[NovoMira]

Top Nasdaq Short-Squeeze Plays

05/01/09 - 03:08 PM EDT
C, NTR, NITE, ENDP, NILE, TECH, MCF

Stockpickr Staff

When Citigroup(C) jumped up 2% on April 14, Karen Finerman reported on "Fast Money" that the stock's move was a "fake winner" caused by a "gigantic short squeeze."

A short squeeze occurs when short-sellers quickly buy in shares of the stock in order to cover their bearish positions, driving the price of stocks up sharply. The ratio for measuring short-squeeze opportunities is the short ratio, which is the number of days it would take the short sellers to cover their position based on recent average daily volume.

Stockpickr compiled a portfolio of the top Nasdaq short-squeeze plays, all of which have market caps of more than $250 million.

To read more, visit Stockpickr.com.