5 Best High Short Interest Stocks To Buy Now

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n this piece, we will take a look at the five best high short interest stocks to buy now. If you want to learn more about short selling and some historic trades, then check out 11 Best High Short Interest Stocks To Buy Now.

5. Fate Therapeutics, Inc. (NASDAQ:FATE)

Number of Hedge Fund Investors In Q2 2023: 23

Short Interest Percentage: 28.45%

Fate Therapeutics, Inc. (NASDAQ:FATE) develops treatments for liver diseases, tumors, and immune system disorders. Its fate hasn’t been great this year as the shares have tanked by 73% on the market after the firm terminated a deal with JNJ’s biotechnology subsidiary.

Despite this, 23 out of the 910 hedge funds part of Insider Monkey’s database still have hope for Fate Therapeutics, Inc. (NASDAQ:FATE) since they had continued to hold the shares in Q2 2023. Out of these, the firm’s largest investor is Jeremy Green’s Redmile Group since it owns 13.1 million shares that are worth $62 million.

Follow Fate Therapeutics Inc (NASDAQ:FATE)

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