Short-sellers are feeling the pressure this year, but you don't have to if you take a look at these four stock that could face short squeezes.
The short trade is crowded in these four big stocks.
Fitbit is acquiring intellectual property and staff from Pebble, which is being shut down. Reports have suggested the deal cost between $34 million and $40 million.
Fitbit is reportedly buying rival Pebble for a fraction of what Pebble was offered in 2015. The deal shows how both consumer and investor enthusiasm for wearables has cooled markedly.