Top NYSE Short Squeezes for October

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Updated from 7:04 a.m. EDT

When you see something like the thousand-point increase in the Dow Jones Industrial Average on Monday, you realize that there are stocks moving up way more than normal due to short squeezes.

A short squeeze takes place when the short-sellers short-interest in a stock scramble to cover their bearish positions when that stock moves sharply upward; their buying ends up pushing shares even higher. Short positions of stocks are measured by the short-squeeze ratio, which represents the number of days it would take for the short-sellers to cover their positions based on the recent daily volume of the stock.

Stockpickr has come up with a list of the top New York Stock Exchange short-squeeze plays for the month of October, including Thomson Reuters(TRI Quote) and Toronto Dominion(TD Quote).

To read more, visit Stockpickr.com.