SoundHound Is One of the Most Short Stocks Right Now. Should You Bet on a SOUN Squeeze?
Artificial intelligence (AI) stocks have been some of the market’s most volatile names over the past year, and SoundHound AI (SOUN) is no exception. The voice-AI specialist has become one of the most heavily shorted technology stocks on Wall Street, with 134.9 million shares sold short representing roughly 35.6% of its float. Such an unusually high short interest signals that a large portion of investors are betting the stock will decline. But it also creates the conditions for a potential short squeeze if ...