ZIP has just got mentioned in an article titled as below..(Source AFR)

Hedge funds on high alert for Aussie short squeeze

The Reddit army has arrived.

As US-based hedge funds scramble to understand how a new band of amateur traders can wreak havoc on their trading strategies with relative ease, their Australian counterparts are assessing short-squeeze vulnerabilities in their own portfolios.

Goldman Sachs reckons the most at-risk stock for a short squeeze on the ASX is funeral home operator InvoCare. Brendan EspositoThe obvious place to start is crowded trades – anything with a big portion of its free float reported as short.Webjet tops the list on the ASX with 15.3 per cent of its issued equity in the hands of short-sellers, ahead of seafood farmer Tassal Group – 13.6 per cent shorted – and then buy now, pay later tearaway Zip Co, healthcare imaging outfit Pro Medicus and biotech Mesoblast.

But Goldman Sachs’ Australian equities desk told clients on Wednesday that the top short-squeeze candidates were on another list – those with a high proportion of shares shorted compared with the average daily volume traded.On a “days to cover” basis, which calculates the number of trading days required to close out all short interest in a stock, Goldies reckons the most at-risk stock for a short squeeze on the ASX is funeral home operator InvoCare.Invocare has 11.6 million shares shorted, or 8.1 per cent of its free float, and it would take 33 days to unwind all those shorts based on its average daily trading volume.