These Cheap Stocks Are Going Vertical 📈 Don’t Blink

U.S. stocks edged higher Monday following last week’s volatility, with the Dow holding above the 50,000 mark for the first time as investors brace for a packed week of earnings and key economic data.

The S&P 500 and Nasdaq each rose about 0.5%, while caution lingered around software stocks amid ongoing AI disruption concerns, highlighted by a sharp sell-off in Monday.com after weak guidance.

Markets are now in wait-and-see mode ahead of the delayed January jobs report on Wednesday and fresh inflation data due Friday, which could offer clearer signals on the health of the labor market and broader economy.

Top Movers: Under $10 

Humacyte Inc (HUMA) is up 32.14% today to trade at the current level of $1.24. This comes after the company announced new U.S. Department of Defense Funding for the procurement of Bioengineered Blood Vessels.

Mint Inc Ltd (MIMI) zoomed 22.49% in today’s trade to $0.31 after announcing that its subsidiary, Aspiration X Limited, signed a non-binding MOU to explore a joint venture with Rice Robotics Holdings Limited.

In current trading, Reitar Logtech Holdings Ltd (RITR) stock is at $1.09 after announcing that it has officially signed a three-year Strategic Cooperation Framework Agreement with Optimize Integration Group Co., Ltd.

Playboy Inc (PLBY) rose 31.45% in the early hours of today's trading to move at $2.09 after announcing definitive $122 million transaction with UTG to sell 50% of its China business, form a joint venture, and use at least $50 million of proceeds to reduce debt

In the current trading session, Reliance Global Group Inc (EZRA) jumped 31.48% to $0.21 over a previous close of $0.16 after announcing that it has signed a definitive agreement to acquire over time a controlling interest in Enquantum Ltd., a post-quantum cryptography technology company addressing a rapidly developing shift in global cybersecurity standards.

Ex-Dividend Stocks

American Electric Power Company Inc (AEP) 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 $0.95 per share. It has fixed February 10 as the record date for the same and will pay the actual dividend on March 10. Last year, the company distributed a total of $3.74 to its shareholders. Based on the last year's worth of payments, AEP has a trailing yield of 3.09% on the current stock price of $121.05.

Another stock that is shelling out dividends tomorrow is ArcBest Corp (ARCB), having a market capitalization of $2.48B. It will pay a dividend of $0.12 per share, the payment date of which is February 24. Currently, the stock is trading at a trailing dividend yield of 0.44%.

Shares of ASML Holding NV (ASML) will be the talk of the stock market on Tuesday as the stock will turn ex-dividend. The company's next dividend payment will be $1.6 per share, and in the last 12 months, it paid a total of $7.37 per share. Last year's total dividend payments show that ASML has a trailing yield of 0.52% on the current share price of $1430.01.

First Community Corp (FCCO) is also set to go ex-dividend tomorrow. The next dividend payment from FCCO will amount to $0.16 per share. February 10 has been designated as the record date for this dividend, with the actual payout scheduled for February 24. In the previous year, FCCO distributed a total of $0.62 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for FCCO stands at 2.00% based on the current stock price of $30.95.

German American Bancorp Inc (GABC) will be paying out a dividend of $0.31 per share to shareholders holding their shares as of the close of the business hours on the record date of February 10. Over the past 12 months, GABC has paid out a total of $1.16 per share in dividends. Based on the total dividends paid out last year, GABC boasts an impressive trailing yield of 2.63% on the current share price of $44.17.

Crypto Market Highlights

• Cango sold 4,451 BTC on the open market for roughly $305 million, using the proceeds to partially repay a Bitcoin-backed loan and bolster its balance sheet.

• Strategy (Michael Saylor) acquired an additional 1,142 BTC for $90 million last week, increasing its total Bitcoin holdings without lowering its overall cost basis.

• Binance added $300 million worth of Bitcoin to its emergency reserves, expanding its Bitcoin-backed protection fund amid ongoing market stress.

• French authorities arrested six suspects, including a minor, in connection with the kidnapping of a magistrate and her mother in a crypto-related ransom plot targeting the magistrate’s partner.

• Crypto.com CEO Kris Marszalek launched ai.com, a new platform that lets users create personal AI agents to handle everyday tasks.

Most Shorted Stocks

The Hims & Hers Health Inc with the symbol HIMS currently has a short interest of 38.57%. The short interest has changed by 5154852 shares. The days to cover ratio stands at 4.4. The estimated value of the shares held short is approximately $1.2 billion. On an average day, 18.42M shares are traded, with the company's market capitalization totaling $3.79B.

For the stock Boxlight Corporation (BOXL), the current short interest is at 33.82%. This represents a significant short interest change of 151286 shares, corresponding to a short interest percentage increase of 100.58%. The days needed to cover the short positions amount to 0.3. The approximate worth of the shares held short is $0.52 million.

With the symbol GRPN, the stock currently has a short interest of 41.01%. The short interest change is 151861 shares, compared with a short interest percentage change of 1.43%. It would take approximately 11.1 days to cover all the short positions. The shares' short value is estimated to be around $3.97 million. The company boasts an average daily volume of 1.09M shares, contributing to a market capitalization of $536.74M.

The stock JACK has a current short interest of 27.07%. The short interest percentage has experienced an increase of 1.55%, while there was a change of 78002 shares in short interest. The ratio indicating the time required to cover short positions is 8.1. The calculated worth of the shorted shares amounts to around $228.42 million. Trading activity averages at 770.60K shares per day, while the company's market capitalization stands at $405.75M.

Energy Stocks to Watch

Jaguar Uranium Corp (JAGU) is all set for its debut on the NYSEAMERICAN exchange on February 10. The shares will be offered in a price range of $4.00 to $6.00 per share. With a total of 6,000,000 shares available, the company aims to raise approximately $30.00M through this IPO.

SOLV Energy, Inc. (MWH) is also scheduled to make its debut on the NASDAQ exchange on February 12. They are offering shares in the price range of $22.00 to $25.00. The IPO includes 20,500,000 shares, aiming for a deal size of $481.75M.

ARKO Petroleum Corp. (APC) is set to join the NASDAQ on February 12. They are offering shares in the price range of $18.00 to $20.00. They are offering 10,500,000 shares, with an estimated deal size of $199.50M.

Clear Street Group Inc. (CLRS) is preparing to go public on February 13, with its shares set to trade on the NASDAQ exchange. The company plans to offer shares in the price range of $40.00 to $44.00. A total of 23,809,524 shares will be issued, with the IPO targeting proceeds of approximately $1.00B.

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

Best Regards,

Stocks Telegraph Team

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