Reported 1 day ago
In a recent episode, Jim Cramer urged short sellers of Kohl’s Corporation (NYSE:KSS) to cover their positions and move on, highlighting the significant short interest of nearly 50% of the float. Cramer noted the potential for a short squeeze driven by social media discussions, particularly on Reddit's Wall Street Bets, suggesting that the heavy shorting of Kohl’s is unwarranted given its manageable balance sheet.
Source: YAHOO