One of my favorite short press games that has totally been tearing up the market lately is Insignia Systems (NASDAQ:Itself). Today, ISIG stock is up more than 20%, rising with impressive trading volumes once again.
This move follows some impressive momentum this week. In fact, Insignia Systems is a stock that has doubled since Monday.
As we mentioned yesterday, Insignia Systems is now in the crosshairs of retail investors. This is a stock with a short interest rate that remains high. Currently, that percentage is about 62%, up from yesterday.
Given the relatively low flotation of these stocks and the low stock price, short squeeze enthusiasts jumped on Insignia Systems as the best short squeeze candidate. Social media interest is still high around Insignia Systems. In fact, this smaller-cap stock, which has a market capitalization of $41 million at the time of writing, is relatively unknown to the masses.
However, for those who are intrigued by the recent moves in this stock, let’s dive into some of the things investors may want to know.
What do you know about ISIG stock
- Insignia Systems is a company that provides a range of marketing solutions for consumer packaged goods brands.
- This Minneapolis-based company was founded in 1990.
- Insignia Systems’ products target retail-focused brands.
- Accordingly, investors who are counting on a rebound in retail activity emerging from this pandemic may like how ISIG stock is positioning.
- In addition, Insignia Systems provides digital advertising solutions to its clients.
- This combination of services has made Insignia Systems an interesting growth stock for retail investors.
- Year-to-date ISIG stock has been 3 investor portfolios.
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Read more: Penny Stock – How to win without being scammed
At the date of publication, Chris MacDonald did not (directly or indirectly) hold any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, and are subject to InvestorPlace.com’s posting guidelines.