Smart Money Is Watching These 5 Under-$10 Movers – Are You?

Stocks extended their gains on Wednesday as optimism around potential Federal Reserve rate cuts continued to lift market sentiment. The S&P 500 and Nasdaq Composite each climbed 0.2%, while the Dow Jones Industrial Average added 240 points, or 0.5%, building on Tuesday’s rally following a cooler-than-expected inflation report.

Investor confidence has surged with traders now pricing in a 99% chance of a Fed rate cut in September, according to the CME’s FedWatch Tool. Ross Mayfield, an investment strategist at Baird, also highlighted a solid second-quarter earnings season as a key driver behind recent market strength, with more major retail earnings reports expected next week.

Looking ahead, Thursday’s producer price index (PPI) report will provide further insight into wholesale inflation trends. Markets will also be closely watching the upcoming Jackson Hole meeting later this month, where Fed officials may offer clues about the direction of future monetary policy.

Top Movers: Under $10 

Momentus Inc (MNTS) is up 43.24% today to trade at the current level of $1.59. This comes after the company announced that it was awarded a contract by NASA to perform a study to fly critical foundational robotics technologies into space.

X4 Pharmaceuticals Inc (XFOR) zoomed 13.76% in today’s trade to $2.93 after announcing the closing of an upsized $85 million private placement.

In current trading, Bit Origin Ltd (BTOG) stock is at $0.58 following news that it closed a private sale of 20 million Class A shares for 30 million DOGE (at $0.20 per DOGE) to grow its Dogecoin treasury.

Vor Biopharma Inc (VOR) rose 21.08% in the early hours of today's trading to move at $2.01 after announcing that its partner, RemeGen, met the main goal in a Phase 3 trial in China testing telitacicept for primary Sjögren's disease in adults.

In the current trading session, Ovid Therapeutics Inc (OVID) jumped 18.85% to $0.65 over a previous close of $0.55 after reporting business updates and second quarter 2025 financial results.

Ex-Dividend Stocks

Expand Energy Corp (EXE) 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 $1.47 per share. It has fixed August 14 as the record date for the same and will pay the actual dividend on September 04. Last year, the company distributed a total of $2.30 to its shareholders. Based on last year's worth of payments, EXE has a trailing yield of 2.41% on the current stock price of $95.32.

Another stock that is shelling out dividends tomorrow is Diamondback Energy Inc (FANG), having a market capitalization of $40.06B. It will pay a dividend of $1 per share, the payment date of which is August 21. Currently, the stock is trading at a trailing dividend yield of 2.75%.

Shares of Heidrick & Struggles International, Inc (HSII) 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 $0.15 per share, and in the last 12 months, it paid a total of $0.60 per share. Last year's total dividend payments show that HSII has a trailing yield of 1.23% on the current share price of $48.69.

LKQ Corp (LKQ) is also set to go ex-dividend tomorrow. The next dividend payment from LKQ will amount to $0.3 per share. August 14 has been designated as the record date for this dividend, with the actual payout scheduled for August 28. In the previous year, LKQ distributed a total of $1.20 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for LKQ stands at 3.90% based on the current stock price of $30.79.

Paccar Inc (PCAR) will be paying out a dividend of $0.33 per share to shareholders holding their shares as of the close of the business hours on the record date of August 14. Over the past 12 months, PCAR has paid out a total of $1.24 per share in dividends. Based on the total dividends paid out last year, PCAR boasts an impressive trailing yield of 1.24% on the current share price of $99.94.

Crypto Market Highlights

• BitGo will custody assets for Central Asia’s first spot Bitcoin ETF, launched on the Astana International Exchange in Kazakhstan.

• Standard Chartered raised its 2025 Ether price forecast to $7,500, citing rising institutional demand and growing stablecoin adoption post-U.S. regulatory changes.

• Wisconsin lawmakers introduced a Senate bill aimed at reducing crypto ATM-related fraud, complementing an earlier House proposal.

• Pantera Capital invested $300 million in companies holding crypto treasuries, anticipating better returns than traditional crypto ETFs.

• OpenEden partnered with BNY Mellon to manage and custody assets backing its tokenized US Treasury product (TBILL).

Most Shorted Stocks

KULR Technology Group Inc (KULR) was one of the most shorted stocks as of the latest short interest figures, with 21.93% 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 2.9. This represents a change of 760000 shares, which corresponds to a +11.26% increase in short interest. The total value of the shares held short is estimated to be around $39.43 million. The average daily volume stands at 2.68M shares, and the market capitalization of the company is $202.64M.

The Tango Therapeutics Inc with the symbol TNGX currently has a short interest of 36.54%. The short interest has changed by 340000 shares. The days to cover ratio stands at 7.6. The estimated value of the shares held short is approximately $149.63 million. On an average day, 3.23M shares are traded, with the company's market capitalization totaling $773.26M.

For the stock KalVista Pharmaceuticals Inc (KALV), the current short interest is at 18.52%. This represents a significant short interest change of 750000 shares, corresponding to a short interest percentage increase of +8.82%. The days needed to cover the short positions amount to 8.5. The approximate worth of the shares held short is $115.44 million.

With the symbol EVGO, the stock currently has a short interest of 21.74%. The short interest change is 430000 shares, compared with a short interest percentage change of +1.59%. It would take approximately 5.9 days to cover all the short positions. The shares' short value is estimated to be around $35.89 million. The company boasts an average daily volume of 4.71M shares, contributing to a market capitalization of $1.19B.

The stock NFE has a current short interest of 29.01%. The short interest percentage has experienced a decrease of -11.31% while there was a change of -6590000 shares in short interest. The ratio indicating the time required to cover short positions is 4.2. The calculated worth of the shorted shares amounts to around $64.99 million. Trading activity averages at 13.35M shares per day, while the company's market capitalization stands at $645.74M.

AI Stocks to Watch

According to our ST Score evaluation, Taiwan Semiconductor Manufacturing ADR (TSM) emerges as a high-quality stock in the AI industry, attaining an impressive score of 57. The stock's profitability, performance, and Piotroski Score are strong. However, its financial strength is weak. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Alibaba Group Holding Ltd ADR (BABA) as a high-quality AI stock today, presenting a Score of 56. The stock has strong fundamentals in terms of profitability, performance, financial strength, and Piotroski Score. However, it has weak growth. The stock sentiment and forecast are neutral.

Another stock in the category, Vertiv Holdings Co (VRT) has the ST Score of 54, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and Piotroski Score, but weak in financial strength. Growth, stock sentiment, and forecasts suggest a neutral outlook.

EPAM Systems Inc (EPAM) stock has the ST Score of 57 which implies that the AI company has a high probability of beating the market. The stock's strengths lie in its profitability, financial strength, and Piotroski Score, but its weaknesses are in its performance and growth. However, it shows a neutral outlook in stock sentiment and forecast.

Seagate Technology Holdings Plc (STX) currently has the ST Score of 57, which signifies a huge upward potential. The AI stock's strong points are its profitability, performance, and Piotroski Score, while its weak points are its growth. The stock's financial strength, stock 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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