10 Best High Short Interest Stocks With Huge Upside Potential

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1. Vera Therapeutics Inc. (NASDAQ:VERA)

Short % of Float as of June 13: 17.28%

Number of Hedge Fund Holders: 43

Average Upside Potential as of July 3: 160.42%

Vera Therapeutics Inc. (NASDAQ:VERA) is one of the best high short interest stocks with huge upside potential. Earlier in June, Vera Therapeutics announced positive topline results from its ongoing global, multicenter, randomized, double-blind, and placebo-controlled ORIGIN Phase 3 trial of atacicept for the treatment of immunoglobulin A nephropathy (IgAN) in adults.

The trial met its primary endpoint and showed a statistically significant and clinically meaningful reduction in proteinuria at week 36. The safety profile of atacicept was favorable and comparable to that of the placebo. IgA nephropathy is a kidney disease characterized by the buildup of an immune protein called immunoglobulin A (IgA) in the kidneys. This leads to inflammation and can progressively impair the kidneys’ ability to filter waste from the blood, potentially leading to kidney failure.

Atacicept is an investigational recombinant fusion protein that inhibits two key cytokines: B-cell activating factor/BAFF and A PRoliferation-Inducing Ligand/APRIL, which are involved in B-cell survival and autoantibody production linked to autoimmune diseases like IgAN. Vera Therapeutics plans to meet with the FDA in the coming weeks to discuss these results and the regulatory pathway for atacicept.

Vera Therapeutics Inc. (NASDAQ:VERA) is a clinical-stage biotechnology company that develops and commercializes transformative treatments for patients with serious immunological diseases.

While we acknowledge the potential of VERA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VERA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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