💰 These 5 Stocks Under $10 Just Went Crazy — One’s Up 217%!

The S&P 500 slipped 0.3% on Tuesday as Wall Street reacted to ongoing uncertainty over the U.S. government shutdown, now in its second week. Hopes for a resolution were dashed after the Senate again failed to pass a short-term funding bill.

The Nasdaq fell 0.6% and the Dow dropped 92 points. Investors shifted to safe-haven assets, sending gold futures to a record $4,000 per ounce.

The shutdown has delayed key economic data, complicating the Federal Reserve’s policy outlook ahead of its next interest rate decision. Markets are now turning their attention to upcoming Fed minutes and commentary from top officials later this week.

Top Movers: Under $10 

Trilogy Metals Inc (TMQ) is up 216.99% today to trade at the current level of $6.62. This comes after news that the Trump administration is taking a 10% stake in the company.

Zeta Network Group (ZNB) zoomed 130.11% in today’s trade to $3.82 after announcing a strategic partnership with SOLV Foundation, a multi-chain Bitcoin staking and finance platform with $2.5B TVL, supporting SolvBTC on Binance, Base, and Solana.

In current trading, Envoy Medical Inc (COCH) stock is at $1.7 following the receipt of FDA approval to advance its Acclaim® cochlear implant trial to the final stage after promising early results.

Lexeo Therapeutics Inc (LXEO) rose 27.51% in the early hours of today's trading to move at $8.25 after announcing LX2006 approval updates and new Phase I/II interim data.

In the current trading session, Telomir Pharmaceuticals Inc (TELO) jumped 22.58% to $1.74 over a previous close of $1.42 after announcing new prostate cancer findings showing telomir-1 resets DNA methylation of tumor suppressor genes linked to metastasis and treatment resistance.

Ex-Dividend Stocks

Intuit Inc (INTU) 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 $1.2 per share. It has fixed October 09 as the record date for the same and will pay the actual dividend on October 17. Last year, the company distributed a total of $4.16 to its shareholders. Based on the last year's worth of payments, INTU has a trailing yield of 0.63% on the current stock price of $657.48.

Another stock that is shelling out dividends Thursday is Medalist Diversified REIT Inc (MDRR), having a market capitalization of $30.00M. It will pay a dividend of $0.07 per share, the payment date of which is October 14. Currently, the stock is trading at a trailing dividend yield of 1.93%.

Shares of Riverview Bancorp, Inc (RVSB) 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 $0.02 per share, and in the last 12 months, it paid a total of $0.08 per share. Last year's total dividend payments show that RVSB has a trailing yield of 1.51% on the current share price of $5.29.

CF Bankshares Inc (CFBK) is also set to go ex-dividend Friday. The next dividend payment from CFBK will amount to $0.08 per share. October 13 has been designated as the record date for this dividend, with the actual payout scheduled for October 21. In the previous year, CFBK distributed a total of $0.29 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CFBK stands at 1.20% based on the current stock price of $24.22.

Farmers & Merchants Bancorp Inc (FMAO) will be paying out a dividend of $0.23 per share to shareholders holding their shares as of the close of business hours on the record date of October 10. Over the past 12 months, FMAO has paid out a total of $0.88 per share in dividends. Based on the total dividends paid out last year, FMAO boasts an impressive trailing yield of 3.48% on the current share price of $25.39.

Crypto Market Highlights

• Grayscale staked $150 million worth of Ether after enabling staking for its exchange-traded products (ETPs).

• BNB has risen to become the third-largest cryptocurrency by market capitalization, behind only Bitcoin and Ethereum.

• BNY Mellon is exploring tokenized deposits to enable 24/7 fund transfers and shift part of its $2.5 trillion daily payment flow to blockchain.

• Time2Build will pay developers to integrate Bitcoin Lightning Network features into open-source apps, with rewards given for code accepted by project maintainers.

• Intercontinental Exchange (ICE) invested $2 billion in Polymarket, a cryptocurrency-based prediction market.

Most Shorted Stocks

Irobot Corp (IRBT) was one of the most shorted stocks as of the latest short interest figures, with 29.14% 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 4.5. This represents a change of 560000 shares, which corresponds to a +7.20% increase in short interest. The total value of the shares held short is estimated to be around $35.11 million. The average daily volume stands at 1.84M shares, and the market capitalization of the company is $132.06M.

The Capricor Therapeutics Inc with the symbol CAPR currently has a short interest of 26.57%. The short interest has changed by 660000 shares. The days to cover ratio stands at 6.1. The estimated value of the shares held short is approximately $92.46 million. On an average day, 1.90M shares are traded, with the company's market capitalization totaling $347.91M.

For the stock NuScale Power Corporation (SMR), the current short interest is at 32.45%. This represents a significant short interest change of -400000 shares, corresponding to a short interest percentage decrease of -1.11%. The days needed to cover the short positions amount to 2.4. The approximate worth of the shares held short is $1.5 billion.

With the symbol CRSP, the stock currently has a short interest of 26.18%. The short interest change is 1740000 shares, compared with a short interest percentage change of +7.88%. It would take approximately 7.6 days to cover all the short positions. The shares short value is estimated to be around $2.51 billion. The company boasts an average daily volume of 2.91M shares, contributing to a market capitalization of $6.42B.

The stock APLD has a current short interest of 32.99%. The short interest percentage has experienced an increase of +8.81% while there was a change of 5560000 shares in short interest. The ratio indicating the time required to cover short positions is 2.2. The calculated worth of the shorted shares amounts to around $662.39 million. Trading activity averages at 30.40M shares per day, while the company's market capitalization stands at $7.28B.

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, Teck Resources Ltd (TECK) has the ST Score of 58, which means that the stock carries the potential for higher returns. The stock is strong in profitability, financial strength, and Piotroski Score, but weak in performance. Growth, stock sentiment, and forecasts suggest a neutral outlook.

Aptiv PLC (APTV) stock has the ST Score of 56, which implies that the EV company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, and Piotroski Score, but its weaknesses are in its growth, and financial strength. However, it shows neutral outlook in stock sentiment and forecast.

Enersys (ENS) currently has the ST Score of 55, which signifies a huge upward potential. The EV stock's strong points are its profitability and Piotroski Score, while its weak points are its growth. The stock's performance, 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

P.S. Want my daily watchlists sent to your cell phone too? Join our WhatsApp Exclusive Community for real-time alerts on hot stocks. Stay ahead with instant updates and exclusive insights!