FYI: It’s easy to love the premise of the just-launched Active Alts Contrarian ETF (SQZZ). We first started writing about it 2014, for Pete’s sake: an ETF that deliberately invests in individual stocks that are so out of favor, they’ve been shorted to the point where the mythical short squeeze might occur.
The idea is that a stock can get so over-shorted that any positive news causes so much pain to short-sellers that they give up and cover their shorts, driving the price up even further.
Regards,
Ted
http://www.etf.com/sections/blog/how-new-short-squeeze-etf-can-juice-returns?nopaging=1