📊 Hidden Gems: Cheap Stocks Making Massive Moves Right Now

US stocks traded mixed on Monday as geopolitical tensions escalated after President Donald Trump ordered a blockade of the Strait of Hormuz following the breakdown of US-Iran talks. 

The Dow Jones Industrial Average slipped 0.3% amid rising oil prices and renewed concerns over inflation and global growth, while the S&P 500 edged up 0.1% and the Nasdaq Composite gained 0.3%, supported by strength in software stocks. 

Oil surged above $100 per barrel, with Brent crude and West Texas Intermediate both climbing around 5%, as fears grew over disrupted energy supplies. 

Meanwhile, Goldman Sachs reported strong earnings but saw its shares decline, with major bank results from firms like Bank of America, JPMorgan Chase, and others expected later in the week.

Top Movers: Under $10 

Rectitude Holdings Ltd (RECT) is up 105.27% today to trade at the current level of $2.46. This comes after the company announced that it has secured more than S$10 million in rental and sales contract orders during the second half of fiscal year 2026.

RedCloud Holdings PLC (RCT) zoomed 78.93% in today’s trade to $1.02 after announcing that it has signed up to $30M Saudi licensing agreement to deploy its RAID engine across $68Bn FMCG Market.

In current trading, Bitcoin Depot Inc (BTM) stock is at $3.69 after announcing the appointment of Tony Gagliardi as Chief Compliance Officer.

Allogene Therapeutics Inc (ALLO) rose 38.97% in the early hours of today's trading to move at $3.78 after Natera reported positive interim futility analysis results from its MRD-guided ALPHA3 trial in large B-cell lymphoma.

In the current trading session, Momentus Inc (MNTS) jumped 33.62% to $4.65 over a previous close of $3.48 after sharing a series of significant achievements in the ongoing Vigoride-7 mission, marking one of the most successful early-phase operations in the company’s history.

Ex-Dividend Stocks

BCP Investment Corp (BCIC) is about to trade ex-dividend on Wednesday, meaning that investors who buy the stock after Wednesday will not be eligible for the next dividend payment. The company's next dividend payment will be $0.09 per share. It has fixed June 15 as the record date for the same and will pay the actual dividend on June 30. Last year, the company distributed a total of $1.73 to its shareholders. Based on the last year's worth of payments, BCIC has a trailing yield of 21.69% on the current stock price of $7.97.

Another stock that is shelling out dividends Wednesday is Camden National Corp (CAC), having a market capitalization of $860.15M. It will pay a dividend of $0.42 per share, the payment date of which is April 30. Currently, the stock is trading at a trailing dividend yield of 3.31%.

Shares of City Holding Co (CHCO) will be the talk of the stock market on Wednesday as the stock will turn ex-dividend. The company's next dividend payment will be $0.87 per share, and in the last 12 months, it paid a total of $3.32 per share. Last year's total dividend payments show that CHCO has a trailing yield of 2.62% on the current share price of $126.88.

Capital Southwest Corp (CSWC) is also set to go ex-dividend Wednesday. The next dividend payment from CSWC will amount to $0.25 per share. June 15 has been designated as the record date for this dividend, with the actual payout scheduled for June 30. In the previous year, CSWC distributed a total of $2.30 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CSWC stands at 10.08% based on the current stock price of $22.83.

Medalist Diversified Inc (MDRR) will be paying out a dividend of $0.07 per share to shareholders holding their shares as of the close of business hours on the record date of April 15. Over the past 12 months, MDRR has paid out a total of $0.27 per share in dividends. Based on the total dividends paid out last year, MDRR boasts an impressive trailing yield of 2.40% on the current share price of $11.32.

Crypto Market Highlights

• South Korea’s central bank urged crypto exchanges to implement “circuit breakers” to halt trading during extreme events, aiming to prevent incidents like the $40B Bitcoin error by Bithumb.

• Aave Labs received $25 million in stablecoins and 75,000 AAVE tokens from its DAO under the “Aave Will Win” initiative.

• The European Central Bank backed a plan to place major crypto firms under the supervision of the EU’s financial markets regulator.

• Michael Saylor indicated that Strategy is buying more Bitcoin after prices pulled back from a recent $73,000 high.

• Bitwise Asset Management advanced its proposed spot Hyperliquid ETF by submitting a second amended registration to the US SEC.

Most Shorted Stocks

TripAdvisor Inc (TRIP) was one of the most shorted stocks as of latest short interest figures, with 21.23% 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 7.0. This represents a change of -644112 shares, which corresponds to a -2.63% decrease in short interest. The total value of the shares held short is estimated to be around $260.84 million. The average daily volume stands at 3.89M shares, and the market capitalization of the company is $1.25B.

The RH with the symbol RH currently has a short interest of 35.56%. The short interest has changed by 46053 shares. The days to cover ratio stands at 3.8. The estimated value of the shares held short is approximately $614.03 million. On an average day, 1.27M shares are traded, with the company's market capitalization totaling $2.37B.

For the stock Sleep Number Corp (SNBR), the current short interest is at 26.53%. This represents a significant short interest change of -269293 shares, corresponding to a short interest percentage decrease of -4.58%. The days needed to cover the short positions amount to 3.6. The approximate worth of the shares held short is $7.91 million.

With the symbol NNE, the stock currently has a short interest of 24.06%. The short interest change is -4962606 shares, compared with a short interest percentage change of 37.07%. It would take approximately 3.7 days to cover all the short positions. The shares' short value is estimated to be around $116.48 million. The company boasts an average daily volume of 1.83M shares, contributing to a market capitalization of $1.08B.

The stock SLS has a current short interest of 30.23%. The short interest percentage has experienced an increase of 16.89%, while there was a change of 7734725 shares in short interest. The ratio indicating the time required to cover short positions is 6.0. The calculated worth of the shorted shares amounts to around $40.09 million. Trading activity averages at 7.02M shares per day, while the company's market capitalization stands at $854.81M.

Upcoming IPOs

Maywood Acquisition Corp. 2 (MYX) is all set for its debut on the NASDAQ exchange on April 14. The shares will be offered at a fixed price of $10.00 per share. With a total of 10,000,000 shares available, the company aims to raise approximately $100.00M through this IPO.

Encore Medical, Inc. (EMI) is expected to debut on the NYSEAMERICAN exchange on April 15. The company will offer 3,000,000 shares at a fixed price of $5.00 per share, aiming to raise approximately $15.00M through its IPO.

Arxis, Inc. (ARXS) is also scheduled to make its debut on the NASDAQ on April 16. They are offering shares in a price range of $$25.00 to $28.00. The IPO includes 37,735,849 shares, aiming for a deal size of $‪1,000.00M.

Madison Air Solutions Corporation (MAIR) is scheduled to launch its IPO on the NYSE exchange on April 16. The company plans to offer 82,692,308 shares in a price range of $25.00 to $27.00 per share, with an expected total raise of approximately $2.15B.

AEVEX Corp. (AVEX) will also be going public on April 17 on the NYSE exchange. The offering includes 16,000,000 shares, with the company targeting a deal size of around $312.00M through its IPO. The expected price range for the shares is between $18.00 and $21.00 per share.

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

Best Regards,

Stocks Telegraph Team

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