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This is #1 most bet against stock on MarketWatch right now at 120% of float

BULLISH by u/OracleOmaha | Jul 10, 2026 | 1↑ 0 comments | 26 views | VIEW ON REDDIT
$FGMC
$FGMC FG MERGER II CORP. FINANCIAL SERVICES EQUITY SIMULATION
$9.81
-0.23 (-2.29%)
LAST PRICE ยท 15 MIN DELAY
DAY CHG -2.29%
5D CHG -2.68%
30D CHG -4.90%
AI SUMMARY โ€” Post highlights FGMC (soon to trade as BOXABL on Nasdaq) as the most heavily shorted stock at 120% of float with under 1 million tradeable shares despite $3.5B valuation. Key risks include execution risk on deal closure by end of July, extreme volatility from high short interest, and potential for negative price movement if merger fails or shorts cover gradually.
TICKERFGMC USERu/OracleOmaha
RATING BULLISH ENTRY $9.98
POSITION 1019 sh SYN BOOK VAL $10169.62
CURRENT $9.81 P&L % -1.70%
CURR VAL $9996.39 P&L $ -173.23

https://preview.redd.it/0q50oqgsfhch1.png?width=732&format=png&auto=webp&s=bffac3196d88058808d2f070809323514aeda52a

Elon Musk lives in a house made by a company called BOXABL. Not kidding. Look it up Lol.

They are about to start trading on Nasdaq under a new ticker. Shareholders already voted yes in June. Deal has to close by end of July.

I was on MarketWatch today and noticed their current stock F G M C sitting at the very top of the most bet-against list. 120% of the available shares. More negative bets placed than shares that actually exist in the open market.

The number of shares people can actually buy and sell is under a million. The company is valued at $3.5 billion on paper.

Has anyone else been watching this? Seems like a weird setup with 21 days left on the clock.