Telehealth Stock Looks Primed for a Short Squeeze
There are strong quantified results when Hims and Hers Health Inc (NYSE:HIMS) stock crosses above its 50-day moving average, with an average next-month return of 31.8% and an 83% win rate. HIMS has a nice-looking monthly graph, with pullbacks to its 12-month moving average earlier this month creating supreme buying opportunities. There was also a positive reaction to the company’s expansion of low-testosterone treatments, showing their efforts to expand beyond weight-loss drugs. Short interest is at a recor ...