5 Most Shorted Stocks Right Now

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In this piece, we will take a look at the five most shorted stocks right now. To find out what short selling is all about, head on to 16 Most Shorted Stocks Right Now.

5. Biomea Fusion, Inc. (NASDAQ:BMEA)

Short Interest Percentage: 40.04%

Biomea Fusion, Inc. (NASDAQ:BMEA) is a biotechnology firm seeking to treat cancer and diabetes. Its second quarter earnings marked a turnaround of sorts as the firm beat analyst EPS estimates for the first time after consecutive misses in the previous three quarters.

During June 2023, 21 hedge funds out of the 910 part of Insider Monkey’s research had held a stake in Biomea Fusion, Inc. (NASDAQ:BMEA). Bihua Chen’s Cormorant Asset Management is the company’s biggest stakeholder, courtesy of its $78.3 million stake.

Follow Biomea Fusion Inc.

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