Chaos at the Fed, Fireworks Under $10 🔥📈

Stocks slipped Monday after the Justice Department opened a criminal investigation into Federal Reserve Chair Jerome Powell, escalating political pressure on the central bank and unsettling markets. 

The Dow fell 0.2%, the S&P 500 lost 0.1%, and the Nasdaq finished flat, as bank stocks declined on concerns over President Trump’s proposal to cap credit card rates at 10%. 

Powell said the probe was politically motivated and vowed not to alter monetary policy, while investors sought safety in gold, which jumped 2%. Gains in Walmart and select tech stocks helped indexes recover from deeper intraday losses.

Top Movers: Under $10 

Envirotech Vehicles Inc (EVTV) is up 226.06% today to trade at the current level of $1.51. This comes after AZIO AI received a binding order for 256 Nvidia B300 GPUs, advancing a Southeast Asian government contract worth about $107 million.

Biodesix Inc (BDSX) zoomed 44.01% in today’s trade to $7.86 after announcing preliminary fourth quarter and full-year 2025 results.

In current trading, Outset Medical Inc (OM) stock is at $5.46 after reporting unaudited fourth quarter and 2025 results.

SelectQuote Inc (SLQT) rose 15.00% in the early hours of today's trading to move at $1.61 after completing a new $415 million credit facility, including a $325 million term loan and a $90 million revolving credit facility.

In the current trading session, RxSight Inc (RXST) jumped 12.40% to $9.94 over a previous close of $8.84 after announcing certain preliminary unaudited financial and operational results for the fourth quarter and full-year 2025.

Ex-Dividend Stocks

Capital Southwest Corp (CSWC) is about to trade ex-dividend Thursday, meaning that investors who buy the stock after Thursday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.06 per share. It has fixed March 13 as the record date for the same and will pay the actual dividend on March 31. Last year, the company distributed a total of $2.37 to its shareholders. Based on the last year's worth of payments, CSWC has a trailing yield of 10.23% on the current stock price of $23.13.

Another stock that is shelling out dividends Thursday is Norwood Financial Corp (NWFL), having a market capitalization of $309.77M. It will pay a dividend of $0.32 per share, with a payment date of February 2. Currently, the stock is trading at a trailing dividend yield of 4.39%.

Shares of OFS Credit Company Inc (OCCI) will be the talk of the stock market on Thursday as the stock will turn ex-dividend. The company's next dividend payment will be $0.12 per share, and in the last 12 months, it paid a total of $1.38 per share. Last year's total dividend payments show that OCCI has a trailing yield of 27.54% on the current share price of $5.01.

Phillips Edison & Company Inc (PECO) is also set to go ex-dividend Thursday. The next dividend payment from PECO will amount to $0.11 per share. February 17 has been designated as the record date for this dividend, with the actual payout scheduled for March 03. In the previous year, PECO distributed a total of $1.25 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for PECO stands at 3.57% based on the current stock price of $34.97.

VSE Corp (VSEC) will be paying out a dividend of $0.1 per share to shareholders holding their shares as of the close of business hours on the record date of January 15. Over the past 12 months, VSEC has paid out a total of $0.40 per share in dividends. Based on the total dividends paid out last year, VSEC boasts an impressive trailing yield of 0.20% on the current share price of $203.45.

Crypto Market Highlights

• BitGo is seeking to raise to $201 million through an IPO, targeting a $1.96 billion valuation, with more than $90 billion in assets under custody and leading U.S. banks underwriting the deal.

• Strategy purchased 13,627 Bitcoin for $1.25 billion last week, strengthening its position as the largest corporate holder of BTC despite ongoing paper losses.

• The Bank of Italy examined an extreme scenario in which Ether’s value drops to zero, illustrating how risks tied to Ethereum’s native token could escalate into infrastructure and financial stability concerns.

• Standard Chartered is reportedly developing a crypto prime brokerage platform, reflecting the growing expansion of digital asset services by traditional banks.

• New DFSA suitability and AML requirements may make it harder for licensed firms to justify offering support for privacy-focused crypto assets.

Most Shorted Stocks

Indie Semiconductor Inc (INDI) was one of the most shorted stocks as of the latest short interest figures, with 24.39% short interest. The days to cover ratio, a measure of how long it would take for all the short positions to be covered based on average trading volume, is 15.9. This represents a change of -1503550 shares, which corresponds to a -2.89% decrease in short interest. The total value of the shares held short is estimated to be around $194.68 million. The average daily volume stands at 4.08M shares, and the market capitalization of the company is $828.48M.

The Tango Therapeutics Inc with the symbol TNGX currently has a short interest of 24.75%. The short interest has changed by 1427623 shares. The days to cover ratio stands at 10.3. The estimated value of the shares held short is approximately $330.97 million. On an average day, 3.41M shares are traded, with the company's market capitalization totaling $1.36B.

For the stock Sunrun Inc (RUN), the current short interest is at 25.65%. This represents a significant short interest change of 2658410 shares, corresponding to a short interest percentage increase of 4.85%. The days needed to cover the short positions amount to 10.4. The approximate worth of the shares held short is $1.08 billion.

With the symbol CHRS, the stock currently has a short interest of 26.26%. The short interest change is -921832 shares, compared with a short interest percentage change of -3.06%. It would take approximately 16.8 days to cover all the short positions. The shares short value is estimated to be around $94.31 million. The company boasts an average daily volume of 1.16M shares, contributing to a market capitalization of $180.01M.

The stock PLUG has a current short interest of 24.79%. The short interest percentage has experienced an increase of 2.06% while there was a change of 6914454 shares in short interest. The ratio indicating the time required to cover short positions is 3.4. The calculated worth of the shorted shares amounts to around $66.81 million. Trading activity averages at 109.86M shares per day, while the company's market capitalization stands at $3.37B.

Upcoming IPOs

Green Circle Decarbonize Technology Limited (GCDT) is all set for its debut on the NYSEAMERICAN exchange on January 13. The shares will be offered at a fixed price of $4.00 per share. With a total of 2,500,000 shares available, the company aims to raise approximately $10.00M through this IPO.

Aigo Holding Limited (AIGO) will be entering the market with its IPO on January 22, on the NASDAQ exchange. They are offering shares in the price range of $4.00 to $6.00. They plan to offer 2,000,000 shares, targeting a deal size of $10.00M.

BitGo Holdings, Inc. (BTGO) is also scheduled to make its debut on the NYSE exchange on January 22. They are offering shares in the price range of $15.00 to $17.00. The IPO includes 11,821,595 shares, aiming for a deal size of $189.15M.

Riku Dining Group Limited (RIKU) is set to join the NASDAQ on January 22. They are offering shares in the price range of $4.00 to $6.00. They are offering 2,250,000 shares, with an estimated deal size of $11.25M.

That's it for today. Thanks for reading. Good luck out there!

Best Regards,

Stocks Telegraph Team

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