Wholesale power generation company TransAlta (TAC - Get Report) is a highly shorted stock that focuses on the Canadian power generation market. Competition and increased balance sheet leverage have pushed TransAlta's short interest ratio to 17.6.Despite the investing headwinds TransAlta faces right now, the company has enough fundamental prowess to make this week's short-squeeze list. TransAlta is solidly profitable, with nearly double-digit net margins and increasing demand in its operating area. And with the company's earnings scheduled for today, the chances of seeing an upside breakout are very real.
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