5 Best High Short Interest Stocks To Buy Now

2. Wayfair Inc. (NYSE:W)

Number of Hedge Fund Investors In Q2 2023: 37

Short Interest Percentage: 28.62%

Wayfair Inc. (NYSE:W) is an electronic commerce company that sells home furnishing and associated products. The stock has been on a tear this year, having gained 99% year to date and boosted by a massive EPS beat for the second quarter earnings.

As of June 2023, 37 out of the 910 hedge funds surveyed by Insider Monkey had held Wayfair Inc. (NYSE:W)’s shares. Out of these, the firm’s largest shareholder is Zachary Sternberg and Benjamin Stein’s Spruce House Investment Management since it owns 3.6 million shares that are worth $237 million.

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