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Applied Digital's Shorts Got Squeezed—Now What?

Applied Digital TodayAPLDApplied Digital37.99+4.00 (+11.7737.99 +4.00 (+11.77%) 52-Week Range3.31▼39.33PriceTarget39.33Price Target22.10Add to WatchlistInvestors looking to get into Applied Digital’s NASDAQ: APLD AI outlook should think twice about rushing into this market.  While the robustly improving outlook for AI-driven demand, revenue, and earnings sparked the 30% October increase in share prices, short interest made the movement so significant.  The short interest was not only high at over 32% in late September, but MarketBeat’s ...