247Wallst·2025-11-07 22:00Core Viewpoint - The article discusses three stocks with high short interest that may present investment opportunities, emphasizing the importance of underlying business quality over merely seeking short squeezes [3][4]. Company Summaries Symbotic (SYM) - Symbotic has a valuation of $41 billion with short interest exceeding 33% of its float, despite a recent 15% pullback from its highs [5][7]. - The company is involved in warehouse automation and has experienced significant short activity, with shares down nearly 15% from all-time highs [7]. - The growth potential in warehouse robotics is highlighted, suggesting that the stock may be a good long-term investment despite current short interest [8]. Kohl's (KSS) - Kohl's stock has surged 156% over the past six months, with short interest above 32% [9][10]. - The stock is trading at a trailing P/E of 9.0, and the company has recently beaten earnings expectations, indicating strong management [10]. - The high short interest could lead to another upside surge, particularly if meme traders become more active [9]. Lyft (LYFT) - Lyft has a short interest of less than 17% and is trading at a forward P/E of 19.3 [11][13]. - The company faces competition from robotaxis, which may impact its business model, but management remains optimistic about future prospects [11][12]. - While Lyft is considered fairly valued, it may still present an interesting investment opportunity if it can successfully navigate the transition to robotaxis [12][13].