10 Best High Short Interest Stocks With Huge Upside Potential

7. Omnicom Group Inc. (NYSE:OMC)

Short % of Float as of June 13: 15.92%

Number of Hedge Fund Holders: 44

Average Upside Potential as of July 3: 32.51%

Omnicom Group Inc. (NYSE:OMC) is one of the best high short interest stocks with huge upside potential. On June 26, Achieve Life Sciences Inc. (NASDAQ:ACHV) announced a strategic innovation partnership with Omnicom. Omnicom has been named Achieve’s agency of record to lead initiatives for the US commercial launch of cytisinicline, which is positioned to be the first potential new treatment for nicotine dependence in nearly two decades.

The expanded partnership builds on an existing relationship and aims for a technology-led, integrated, and data-driven launch strategy. The US launch platform for cytisinicline is being developed by Credera, which is Omnicom’s technology powerhouse and uses AI-enabled marketing technology proven in healthcare and other industries for precise targeting, optimized channel performance, and accelerated engagement with healthcare professionals and patients.

Omnicom has assembled a unified agency team that draws on specialized talent from Goodby, Silverstein & Partners for consumer brand development, DDB Health for medical education, and Ketchum Health for strategic public relations and communications. The cross-functional approach applies proven insights from different industries to set a new standard for biopharma commercialization.

Omnicom Group Inc. (NYSE:OMC) offers advertising, marketing, and corporate communications services.  Achieve Life Sciences Inc. (NASDAQ:ACHV) is a late-stage pharmaceutical company that develops and commercializes cytisinicline for nicotine independence in Canada, the US, and the UK.