Stocks were mixed Friday and the Nasdaq rebounded following Treasury yields retreating after the Federal Reserve's announcement that it would allow a capital break for banks to expire.
Cramer shared how he would approach the tech sector after this huge selloff, and how to spot the bottom for stocks.
Here are some of the most shorted stocks as of Mar. 19 at 9:30 a.m. ET by their short interest in shares as a percentage of the stock's share float:
GameStop | Short Interest Float 14.25%
Rocket Companies | Short Interest Float 16.04%
Koss Corporation | Short Interest Float 38.22%
Koss Corporation (KOSS) - Get Koss Corporation Report was one of the top ten stocks the previous week after CEO Michael Koss sold 69,000 shares worth $2.3 million this past week, according to reports.
Gogo | Short Interest Float 36.31%
Could Gogo (GOGO) - Get Gogo Inc. Report start seeing support as air travel increases in the U.S. as we reach President Biden's goal of 100 million vaccines distributed? Shares of Gogo have traded mostly flat in 2021.
GSX Techedu | Short Interest Float 38.82%
GSX Techedu (GSX) - Get Gaotu Techedu Inc. Sponsored ADR Class A Report was one of the buy-the-dip candidates in the market Monday after falling the previous week. James "Rev Shark" DePorre has liked Gogo but explained that short selling is a powerful tool, although it is not just the inverse of going long and requires a very different mindset to do effectively.
PubMatic | Short Interest Float 36.10%
Inovio Pharmaceuticals | Short Interest Float 26.86%
Tanger Factory Outlet | Short Interest Float 27.61%
Beyond Meat | Short Interest Float 26.79%
Beyond Meat (BYND) - Get Beyond Meat Inc. Report announced it has widened its product distribution with Walmart (WMT) - Get Walmart Inc. Report on March 9. Cramer then discussed Beyond Meat on Mad Money this past week, saying "I think that Beyond Meat is for real. When restaurants reopen, they're going to want Beyond Meat. The others have GMOs and people don't want GMOs."
Revlon | Short Interest Float 25.62%
SunPower | Short Interest Float 20.30%
Carvana | Short Interest Float 21.51%
Bed Bath & Beyond | Short Interest Float 19.28%
Bed Bath & Beyond (BBBY) - Get Bed Bath & Beyond Inc. Report was mentioned on Mad Money in early March as a reopening stock that could go higher as vaccine distribution increases and more businesses start to reopen.
iRobot | Short Interest Float 21.54%
iRobot (IRBT) - Get iRobot Corporation Report was included in TheStreet's heavily-shorted stocks that could break out story back in February.
Other Notable Shorts: Sundial Growers (13.05%), AMC Entertainment (8.52%), BlackBerry (7.34%) and Tesla (5.92%),
Disclaimer: There are several short interest projection sites out there, including High Short Interest, that report different figures so please double check the current short interest figures with competitors' market tools before making an investment.