Hertz Global Holdings is a significant short-squeeze candidate due to its high short interest. Some platforms report it could take over 11 days for short sellers to cover positions.
The stock exhibits classic signs of a potential squeeze, awaiting a catalyst for a rapid price increase.
Analysis suggests improving company fundamentals could provide this positive catalyst.
Recent results show unexpected strength. Revenue per unit grew. Revenue per day also grew. This occurred despite operating a smaller fleet.
The company moves towards profitability. This trajectory could trigger a squeeze.