IREN Limited (NASDAQ: IREN) has a short interest of 19.68% and has surged to $72.17 after signing a $9.7 billion contract with Microsoft for access to Nvidia’s advanced chips.

Lemonade (NYSE: LMND) has a short interest of 25.2% and has risen to $62.44 a share ahead of its November 5 earnings report, with analysts optimistic about its AI-driven business model.

Luminar Technologies (NASDAQ: LAZR) has a short interest of 20.4% and is up 10% to $1.28 on high volume, possibly due to speculation of a merger with another auto technology company.

Read more at Yahoo Finance: These 3 Stocks with High Short Interest Have Been Explosive