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FGMC is the #1 most shorted stock on MarketWatch right now at 120% of float

BULLISH by u/OracleOmaha | Jul 10, 2026 | 1↑ 0 comments | 25 views | VIEW ON REDDIT

$FGMC

$FGMC FG MERGER II CORP. FINANCIAL SERVICES EQUITY SIMULATION

$9.81

-0.23 (-2.29%)

LAST PRICE · 15 MIN DELAY

DAY CHG -2.29%

5D CHG -2.68%

30D CHG -4.90%

AI SUMMARY — FGMC is identified as the #1 most shorted stock on MarketWatch with 120.82% of float shorted, suggesting a potential short squeeze scenario. The post questions the mechanics of how shorts will cover more shares than available float, implying bullish squeeze potential but carrying significant risks of volatility and potential regulatory action.

TICKER	FGMC	USER	u/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/ko0zor0kehch1.png?width=1320&format=png&auto=webp&s=a4f2c8603dabbe46128482090a74462d41d20225

So I pulled this straight from MarketWatch's most shorted stock list today. Been watching it for two days. FGMC #1 with 120.82% of the float shorted. WHat do you guys think? How will the shorts buy back more shares than available? You know what do to.