Blue Hat Interactive (BHAT)

[cash4]

4 Low Float Penny Stocks To Watch This Week
Article

https://www.streetinsider.com/PennyStocks.com/4+Low+Float+Penny+Stocks+To+Watch+This+Week/20248370.html

Assuming the overall stock market remains channel-bound, penny stocks have quickly become the go-to for a bit more alpha. As they say, where there's volatility, there's an opportunity, and even the slightest move in cheap stocks can equate to significant percentage changes. We all hope that these percentage changes go in our favor. But if you've traded long enough, you know this is where things can get tricky.

Since penny stocks - stocks under $5 - can shift without experiencing a significant price move, the breakouts and breakdowns come quickly. Throw in other market metrics like higher short interest or lower public floats, and the volatility can be rapidly amplified. This brings us to today's article and a deeper look at some low-float penny stocks.

The idea is that the lower the float, the fewer shares there are trading in public hands. That means lower supply, and when there's higher demand, well, you've got the classic economic situation of higher prices quickly. The opposite holds when selling is more prevalent than buying. Low-float penny stocks are on the radar thanks to the big move from Blue Hat Interactive Entertainment (NASDAQ: BHAT).

We discussed BHAT stock in detail yesterday as the company announced the termination of its previously proposed shelf takedown offering. Since then, a mix of a bullish catalyst like news and a risk-on appetite from day traders gave BHAT stock an overnight boost of more than 350%.

Low Float Penny Stocks To Watch

Visionary Education Tech Holdings (NASDAQ: VEDU)
ToughBuilt Industries Inc. (NASDAQ: TBLT)
China Jo-Jo Drugstores (NASDAQ: CJJD)
E-Home Household Service Holdings (NASDAQ: EJH)