5 Best High Short Interest Stocks to Buy Now

4. bluebird bio, Inc. (NASDAQ:BLUE)

Number of Hedge Fund Holders: 22   

Short Interest as of November 14: 29.55%  

bluebird bio, Inc. (NASDAQ:BLUE) is a biotechnology company that researches, develops, and commercializes transformative gene therapies for severe genetic diseases. It is one of the most shorted stocks to consider investing in.  On October 4, bluebird bio disclosed that it is collaborating with Real Endpoints to provide health plans with access to an outcomes-based agreement for β-thalassemia gene therapy Zynteglo through the Real Endpoints marketplace.

At the end of the second quarter of 2022, 22 hedge funds in the database of Insider Monkey held stakes worth $78.9 million in bluebird bio, Inc. (NASDAQ:BLUE). The number of hedge funds having stakes in the company remained the same at the end of the September quarter, according to Insider Monkey’s latest database for the third quarter.