Why These Under-$10 Stocks Are Outperforming the Market Right Now

U.S. stocks rose on Thursday after the Federal Reserve cut interest rates and signaled more cuts in 2025. The Nasdaq led gains, climbing 1%, driven by optimism around Nvidia's (NVDA) support for Intel (INTC). The S&P 500 gained 0.5%, while the Dow rose 0.3%.

Markets initially wavered after Fed Chair Jerome Powell warned there's "no risk-free path" due to high inflation and a weak labor market. Jobless claims showed mixed signals: filings dropped, but hiring slowed.

On the corporate side, FedEx (FDX) is set to report earnings, with expectations of a profit hit from Trump's removal of tariff exemptions on low-value imports from China and Hong Kong.

Meanwhile, Trump, on a UK state visit, met with tech and finance leaders. He and UK PM Keir Starmer are discussing deals focused on tech, energy, and AI, with Microsoft and Nvidia pledging new investments.

Top Movers: Under $10 

Aeries Technology Inc (AERT) is up 57.12% today to trade at the current level of $0.89. This comes after the company signed a multi-year deal worth up to $8M annually to support a global firm's India expansion and AI delivery.

Laser Photonics Corp (/LASE) zoomed 33.33% in today’s trade to $3.88 after announcing a significant milestone in the development of the Laser Shield Anti-Drone (LSAD) System.

In current trading, Barfresh Food Group Inc (BRFH) stock is at $3.94 after announcing it has entered into a definitive agreement to acquire all outstanding capital stock of Arps Dairy, Inc., an Ohio-based dairy processing company.

Hyperscale Data Inc (GPUS) rose 23.85% in the early hours of today's trading to move at $0.51 after announcing that its Bitcoin treasury, including current holdings and committed purchases, total approximately $8 million, representing 34% of its public float..

In the current trading session, Robo.ai Inc (AIIO) jumped 23.83% to $2.39 over a previous close of $1.93 after announcing a strategic investment in Arkreen through DePIN technology company aitos.io.

Ex-Dividend Stocks

Bank7 Corp (BSVN) 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 $0.27 per share. It has fixed September 19 as the record date for the same and will pay the actual dividend on October 07. Last year, the company distributed a total of $0.96 to its shareholders. Based on the last year's worth of payments, BSVN has a trailing yield of 1.97% on the current stock price of $48.64.

Another stock that is shelling out dividends tomorrow is CSG Systems International Inc (CSGS), having a market capitalization of $1.91B. It will pay a dividend of $0.32 per share, the payment date of which is October 03. Currently, the stock is trading at a trailing dividend yield of 1.87%.

Shares of Hooker Furnishings Corporation (HOFT) will be the talk of the stock market on Friday as the stock will turn ex-dividend. The company's next dividend payment will be $0.23 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 HOFT has a trailing yield of 8.70% on the current share price of $10.57.

Lamar Advertising Co (LAMR) is also set to go ex-dividend tomorrow. The next dividend payment from LAMR will amount to $1.55 per share. September 19 has been designated as the record date for this dividend, with the actual payout scheduled for September 30. In the previous year, LAMR distributed a total of $5.90 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for LAMR stands at 4.67% based on the current stock price of $126.21.

OFS Capital Corp (OFS) will be paying out a dividend of $0.34 per share to shareholders holding their shares as of the close of business hours on the record date of September 19. Over the past 12 months, OFS has paid out a total of $1.36 per share in dividends. Based on the total dividends paid out last year, OFS boasts an impressive trailing yield of 15.37% on the current share price of $8.85.

Crypto Market Highlights

• SEC approves first multi-asset crypto ETP in the US, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing.

• ASIC introduces licensing exemptions for intermediaries distributing stablecoins issued by licensed entities in Australia.

• DBS, Franklin Templeton, and Ripple partner to offer tokenized trading and lending services for institutional investors using the XRP Ledger.

• Coinbase CEO Brian Armstrong sees strong bipartisan support for the US crypto market structure bill, calling its passage likely.

• MoneyGram to launch digital payments app in Colombia, enabling locals to save in USD stablecoins amid a weakening Colombian peso.

Most Shorted Stocks

Groupon Inc (GRPN) was one of the most shorted stocks as of the latest short interest figures, with 40.85% 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 6.1. This represents a change of -420000 shares, which corresponds to a -4.60% decrease in short interest. The total value of the shares held short is estimated to be around $191.53 million. The average daily volume stands at 1.39M shares, and the market capitalization of the company is $888.76M.

The Allarity Therapeutics Inc with the symbol ALLR currently has a short interest of 28.11%. The short interest has changed by 2613000 shares. The days to cover ratio stands at 0.5. The estimated value of the shares held short is approximately $4.84 million. On an average day, 7.16M shares are traded, with the company's market capitalization totaling $22.51M.

For the stock ARS Pharmaceuticals Inc (SPRY), the current short interest is at 36.05%. This represents a significant short interest change of 3270000 shares, corresponding to a short interest percentage increase of +18.40%. The days needed to cover the short positions amount to 10.7. The approximate worth of the shares held short is $206.61 million.

With the symbol HUMA, the stock currently has a short interest of 25.62%. The short interest change is -650000 shares, compared with a short interest percentage change of 1.90%. It would take approximately 7.9 days to cover all the short positions. The shares' short value is estimated to be around $36.82 million. The company boasts an average daily volume of 4.22M shares, contributing to a market capitalization of $278.76M.

The stock LOVE has a current short interest of 23.62%. The short interest percentage has experienced an increase of +9.61% while there was a change of 270000 shares in short interest. The ratio indicating the time required to cover short positions is 9.3. The calculated worth of the shorted shares amounts to around $610.18 million. Trading activity averages at 329.02K shares per day, while the company's market capitalization stands at $265.32M.

Biotech Stocks to Watch

According to our ST Score evaluation, PTC Therapeutics Inc (PTCT) emerges as a high-quality stock in the Biotech industry, attaining an impressive score of 64. The stock's profitability, performance, financial strength, and Piotroski Score are strong. Additionally, it is neutral in terms of growth, stock sentiment, and forecast.

Our ST Score also classifies Krystal Biotech Inc (KRYS) as a high-quality Biotech stock today, presenting a Score of 67. The stock has strong fundamentals in terms of profitability, performance, growth, financial strength, and Piotroski Score. The stock sentiment and forecast are neutral.

Another stock in the category, Cidara Therapeutics Inc (CDTX) has the ST Score of 63, which means that the stock carries the potential for higher returns. The stock is strong in profitability, performance, and financial strength, but weak in growth, and Piotroski Score. Stock sentiment and forecasts suggest a neutral outlook.

United Therapeutics Corp (UTHR) stock has the ST Score of 64, which implies that the Biotech company has a high probability of beating the market. The stock's strengths lie in its profitability, performance, financial strength, and Piotroski Score, but its weaknesses lie in its growth. However, it shows neutral outlook in stock sentiment and forecast.

Verona Pharma Plc ADR (VRNA) currently has the ST Score of 65, which signifies a huge upward potential. The Biotech stock's strong points are its profitability, performance, growth, and financial strength. The stock's stock sentiment, Piotroski Score, 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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