Penny Stocks Are Exploding — 5 Tiny Companies Making Big Moves Today!

U.S. stocks moved in different directions on Tuesday following another day of record highs, as investors awaited a key speech from Fed Chair Jerome Powell—his first since the central bank resumed interest rate cuts. The Dow rose 0.2%, while the S&P 500 dipped 0.1% and the Nasdaq dropped over 0.3%.

Monday’s rally, driven by AI optimism and expectations of more Fed easing, was led by Nvidia’s surge after announcing a $100 billion investment in OpenAI. Investors are now focused on Powell’s upcoming remarks and Friday’s release of the Fed’s preferred inflation measure, the PCE index, as signs of persistent price pressures emerge.

Elsewhere, gold hit another record high amid growing hopes for more rate cuts. Tech investors are watching Micron Technology’s earnings report for updates on AI-related demand, with analysts predicting a nearly 40% increase in sales.

Top Movers: Under $10 

Innovation Beverage Group Ltd (IBG) is up 105.28% today to trade at the current level of $0.76. This comes after the company announced that it has entered into a non-binding letter of intent for a merger transaction with BlockFuel Energy Inc.

United States Antimony Corp (UAMY) zoomed 21.78% in today’s trade to $7.86 after announcing a sole-source IDIQ contract worth up to $245 million from the U.S. Defense Logistics Agency Strategic Materials.

In current trading, Jiuzi Holdings Inc (JZXN) stock is at $1.31 after announcing the appointment of Dr. Doug Buerger as Chief Operating Officer (COO), effective immediately.

Super League Enterprise Inc (SLE) rose 169.35% in the early hours of today's trading to move at $8.83. The company announced a private placement deal with accredited investors, led by a $10 million investment from Evo Fund, a key backer of major digital asset firms like Metaplanet Inc, the world's 5th largest bitcoin holder.

In the current trading session, Soluna Holdings Inc (SLNH) jumped 20.38% to $2.53, driven by renewed investor interest in its green data-center model and recent financing updates.

Ex-Dividend Stocks

Bank First Corp (BFC) is about to trade ex-dividend tomorrow, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company's next dividend payment will be $0.45 per share. It has fixed September 24 as the record date for the same and will pay the actual dividend on October 08. Last year, the company distributed a total of $1.71 to its shareholders. Based on the last year's worth of payments, BFC has a trailing yield of 1.35% on the current stock price of $126.92.

Another stock that is shelling out dividends tomorrow is Flexsteel Industries, Inc (FLXS), having a market capitalization of $259.05M. It will pay a dividend of $0.2 per share, the payment date of which is October 06. Currently, the stock is trading at a trailing dividend yield of 1.45%.

Shares of Lam Research Corp (LRCX) 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 $0.26 per share, and in the last 12 months, it paid a total of $0.92 per share. Last year's total dividend payments show that LRCX has a trailing yield of 0.70% on the current share price of $132.2.

Adamas Trust Inc (ADAM) is also set to go ex-dividend tomorrow. The next dividend payment from ADAM will amount to $0.23 per share. September 25 has been designated as the record date for this dividend, with the actual payout scheduled for October 30. In the previous year, ADAM distributed a total of $0.80 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for ADAM stands at 10.92% based on the current stock price of $7.32.

Golden Entertainment Inc (GDEN) will be paying out a dividend of $0.25 per share to shareholders holding their shares as of the close of the business hours on the record date of September 25. Over the past 12 months, GDEN has paid out a total of $1.00 per share in dividends. Based on the total dividends paid out last year, GDEN boasts an impressive trailing yield of 4.10% on the current share price of $24.41.

Crypto Market Highlights

• Lamina1, the blockchain content platform co-founded by sci-fi author Neal Stephenson, has partnered with Consensys' Linea (a layer-2 network) to bring creator-owned media to Ethereum.

• Ripple and Securitize have integrated the Ripple USD stablecoin as an off-ramp for tokenized funds, enabling adoption by major crypto firms, including BlackRock and VanEck.

• Forward Industries, a Nasdaq-listed company with the largest corporate Solana treasury, plans to tokenize its own equity and bring it on-chain.

• Fnality, a London-based blockchain payments firm, raised $136 million in Series C funding, backed by major global financial institutions.

• Kazakhstan's central bank launched a stablecoin pilot pegged to its local fiat, in partnership with Solana and Mastercard.

Most Shorted Stocks

Etsy Inc (ETSY) was one of the most shorted stocks as of the latest short interest figures, with 19.00% 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 3.2. This represents a change of 2060000 shares, which corresponds to a +12.47% increase in short interest. The total value of the shares held short is estimated to be around $1.16 billion. The average daily volume stands at 5.58M shares, and the market capitalization of the company is $6.20B.

The B. Riley Financial Inc with the symbol RILY currently has a short interest of 36.09%. The short interest has changed by 270000 shares. The days to cover ratio stands at 4.5. The estimated value of the shares held short is approximately $40.9 million. On an average day, 1.32M shares are traded, with the company's market capitalization totaling $218.77M.

For the stock TripAdvisor Inc (TRIP), the current short interest is at 19.91%. This represents a significant short interest change of 480000 shares, corresponding to a short interest percentage increase of +2.27%. The days needed to cover the short positions amount to 5.9. The approximate worth of the shares held short is $405.92 million.

With the symbol BE, the stock currently has a short interest of 19.06%. The short interest change is 590000 shares, compared with a short interest percentage change of +1.39%. It would take approximately 4.5 days to cover all the short positions. The shares' short value is estimated to be around $1.75 billion. The company boasts an average daily volume of 10.83M shares, contributing to a market capitalization of $18.92B.

The stock XRX has a current short interest of 19.38%. The short interest percentage has experienced an increase of +9.91% while there was a change of 2030000 shares in short interest. The ratio indicating the time required to cover short positions is 5.6. The calculated worth of the shorted shares amounts to around $181.03 million. Trading activity averages at 4.63M shares per day, while the company's market capitalization stands at $529.75M.

EV Stocks to Watch

According to our ST Score evaluation, Cirrus Logic, Inc (CRUS) emerges as a high-quality stock in the EV industry, attaining an impressive score of 60. The stock's profitability, financial strength, and Piotroski Score are strong. However, its performance and growth are weak. Additionally, it is neutral in terms of stock sentiment and forecast.

Our ST Score also classifies Li Auto Inc ADR (LI) as a high-quality EV stock today, presenting a Score of 59. The stock has strong fundamentals in terms of profitability, performance, financial strength, and Piotroski Score. The growth, stock sentiment, and forecast are neutral.

Another stock in the category, Enersys (ENS) has the ST Score of 56, which means that the stock carries the potential for higher returns. The stock is strong in profitability and Piotroski Score, but weak in growth. Performance, financial strength, stock sentiment, and forecast suggest a neutral outlook.

QuantumScape Corp (QS) stock has the ST Score of 53 , which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its performance, financial strength, and Piotroski Score, but its weaknesses are in its profitability and growth. However, it shows neutral outlook in stock sentiment and forecast.

Honda Motor ADR (HMC) currently has the ST Score of 55, which signifies a huge upward potential. The EV stock's strong points are its profitability, performance, financial strength, and Piotroski Score, while its weak points are its growth. The stock's sentiment and forecast indicate a neutral outlook.

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

Best Regards,

Stocks Telegraph Team

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