5 Best Short Squeeze Stocks To Buy Now

2. Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

Number of Hedge Fund Holders: 19  

Short Interest: 43.80%

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) is ranked second on our list of 15 best short squeeze stocks to buy now. The firm retails sporting goods and athletic apparel. It operates from California. 

On August 4, investment advisory Lake Street maintained a Buy rating on Big 5 Sporting Goods Corporation (NASDAQ:BGFV) stock and raised the price target to $31 from $26, appreciating the strong quarterly earnings of the firm. 

At the end of the second quarter of 2021, 19 hedge funds in the database of Insider Monkey held stakes worth $43 million in Big 5 Sporting Goods Corporation (NASDAQ:BGFV), up from 14 in the preceding quarter worth $27 million.