Most Shorted Stocks Today: May 7, 2026 — Top 25 Squeeze Candidates
RAYA tops the Tapeboard most shorted stocks leaderboard on May 7, 2026 with a perfect 100 squeeze score, a 229.2% borrow fee, and 100% float utilization, while GRPN and PLAY anchor a list dominated by 60%-plus short interest names.
May 7, 2026 Top 25 Short Squeeze Candidates
The Tapeboard most shorted stocks leaderboard for May 7, 2026 is led by RAYA at a perfect 100, paired with an annualized borrow fee of 229.2% and 100.0% float utilization on just 8.0% short interest — a microcap locate-stress setup rather than a classic crowded-short profile. GRPN and PLAY follow at squeeze scores of 94.9 and 84.0 with short interest above 59% of float on much cheaper borrow. Twenty of today's top 25 names sit on the FINRA threshold list, signaling sustained short-side volume across the cohort, and the composite short squeeze score blends those signals with days to cover and 5-day price momentum.
Top 25 Most Shorted Stocks on May 7, 2026
| Rank | Symbol | Squeeze Score | SI % Float | Borrow Fee | Days to Cover | T |
|---|---|---|---|---|---|---|
| 1 | RAYA | 100.0 | 8.0% | 229.2% | 0.0 | T |
| 2 | GRPN | 94.9 | 59.4% | 0.9% | 9.1 | T |
| 3 | PLAY | 84.0 | 60.7% | 0.5% | 3.9 | T |
| 4 | CLSK | 74.5 | 46.3% | 0.3% | 4.3 | T |
| 5 | NTLA | 74.1 | 36.8% | 0.4% | 12.4 | |
| 6 | INDI | 73.8 | 30.6% | 4.8% | 18.4 | T |
| 7 | RXRX | 73.5 | 34.9% | 1.6% | 14.0 | T |
| 8 | BTDR | 72.0 | 36.1% | 0.8% | 6.7 | |
| 9 | JFBR | 71.3 | 4.1% | — | 0.6 | |
| 10 | RUM | 71.2 | 26.0% | 33.8% | 17.5 | T |
| 11 | IBRX | 69.8 | 36.1% | 4.5% | 6.2 | T |
| 12 | EVGO | 69.1 | 34.9% | 0.7% | 9.6 | T |
| 13 | NVAX | 67.8 | 28.5% | 0.5% | 12.4 | T |
| 14 | AI | 67.8 | 33.1% | 0.4% | 9.2 | |
| 15 | TRIP | 66.7 | 37.0% | 0.4% | 7.4 | T |
| 16 | RH | 66.7 | 38.1% | 0.3% | 3.1 | T |
| 17 | ARCT | 66.4 | 33.2% | 0.6% | 11.9 | T |
| 18 | BEAM | 65.8 | 33.5% | 0.3% | 10.4 | T |
| 19 | TWST | 65.2 | 30.5% | 0.3% | 12.2 | |
| 20 | UPST | 64.9 | 33.4% | 0.4% | 6.0 | T |
| 21 | H | 64.9 | 39.1% | 0.5% | 9.0 | T |
| 22 | SNDX | 64.5 | 26.7% | 0.3% | 14.3 | T |
| 23 | ABCL | 63.7 | 20.3% | 1.9% | 19.0 | T |
| 24 | ASAN | 63.2 | 32.2% | 0.4% | 5.0 | T |
| 25 | XRX | 63.2 | 28.1% | 1.5% | 10.5 | T |
The Top 5 Names Today
1. RAYA — Squeeze Score 100
RAYA prints a perfect score on an atypical profile: short interest of just 8.0% of float, but a 229.2% borrow fee with float utilization at 100.0% and 0.0 days to cover. The stock is at $4.48 with +20.1% 5-day momentum and carries the FINRA threshold flag. This is a microcap locate-stress setup rather than a crowded-short setup — when 100% of available shares are already loaned out and the rebate is above 200%, the squeeze mechanic shifts from panic covering to forced buy-ins if lenders recall paper or if borrow availability tightens any further.
2. GRPN — Squeeze Score 94.9
GRPN is the more conventional setup at #2: short interest of 59.4% of float, 9.1 days to cover, 47.4% float utilization, and a 0.9% borrow fee on a stock trading $14.84 with +8.8% 5-day momentum. The threshold flag is on. The fee being mild matters — shorts have not been taxed out of conviction, so the position is crowded by choice. With 9.1 days needed to clear at recent volume, any catalyst that forces covering would meet a multi-session bid against limited lendable float.
3. PLAY — Squeeze Score 84
PLAY carries the highest short interest on today's board at 60.7% of float, with 3.9 days to cover, 33.7% float utilization, a 0.5% borrow fee, and a -7.1% 5-day move at $10.87. Threshold-flagged. The structural tension: short interest is enormous but days to cover is short, so a single-session positive catalyst could unwind a meaningful slice of the short book in hours rather than days. The powder is loaded; what is missing is the trigger.
4. CLSK — Squeeze Score 74.5
CLSK shows 46.3% short interest, a 0.3% borrow fee, 4.3 days to cover, 34.2% float utilization, and +11.6% 5-day momentum at $13.91, with the threshold flag on. Shorts are paying nearly nothing to hold the trade and momentum has already turned. With short interest at roughly half the float and a fast 4.3-day cover horizon, continued strength across the bitcoin-mining cohort would compress the trade quickly without giving the short book a slow exit.
5. NTLA — Squeeze Score 74.1
NTLA is the highest-ranked name not on the threshold list: 36.8% short interest, a 0.4% borrow fee, 12.4 days to cover, 34.7% float utilization, and +1.7% 5-day momentum at $13.62. The signature is duration — 12.4 days to cover is the longest among today's top 5. Shorts cannot exit in a single session without moving the tape against themselves, so a catalyst forcing a re-rate would meet a structurally illiquid covering bid.
Stocks Flagged on the FINRA Threshold List
A "T" in the rightmost column means the symbol appears on the FINRA Consolidated NMS daily short-volume file with short volume above 50% of total reported volume across recent sessions. It is not a regulator action — it is a transparency signal that selling has been broadly short-driven. Twenty of today's top 25 carry the flag. See /methodology/short-squeeze-score for the full breakdown.
How the Tapeboard Squeeze Score Is Built
The 0–100 score weights short interest at 35% (Yahoo Finance), borrow fee at 25% (IBKR stock-loan via iborrowdesk), float utilization at 20%, days to cover at 15%, and 5-day price momentum at 5% (Schwab market data). The composite ranks names where multiple short-side stress signals stack rather than any single metric in isolation — full mechanics at /methodology/short-squeeze-score.
Tomorrow's Update
For tomorrow's ranking and intraday movement, see the live leaderboard.