5 Most Shorted Stocks That Are Loved By Analysts

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1. Bionano Genomics, Inc. (NASDAQ:BNGO)

Short Interest Percentage: 11.78%

Average Share Price Target: $20.2

Share Price Upside: 556%

Bionano Genomics, Inc. (NASDAQ:BNGO) is a medical technology company that enables researchers to conduct genomic research. The firm’s shares dipped in August after it announced that its CFO would leave the firm in September.

Eight out of the 910 hedge funds part of Insider Monkey’s Q2 2023 research had bought Bionano Genomics, Inc. (NASDAQ:BNGO)’s shares. Out of these, the biggest hedge fund shareholder is Israel Englander’s Millennium Management through its $2 million investment.

Follow Bionano Genomics Inc. (NASDAQ:BNGO)

Disclosure: None.  You can also take a look at 11 Most Undervalued Bank Stocks To Buy According To Wall Street Analysts and Buffett Stock Portfolio: Warren Buffett’s Recent Buys.

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