Carver Bancorp (NASDAQ: CARV) has a whopping 68.18% of its float (publicly available shares) being shorted, mostly by institutional investors. Is a short squeeze on the horizon?
When any company is heavily shorted, it is always worth keeping an eye on it given the dramatic short-squeeze craze that has gripped the market this year. Furthermore, when a company is the most shorted stock on the market, it could be primed for quite the price surge.
To help you understand if Carver Bancorp shares are something you should be speculating on, this article provides the key information you need to know, including what the company is and whether or not you should invest in CARV stock right now.
To start things off, scroll down to find out the two best places to buy Carver Bancorp stock in the UK and elsewhere.
Where to buy CARV shares online
The two best platforms to buy shares in Carver Bancorp are listed below. Our team of analysts has tested the top options extensively and determined that these two platforms offer low fees, high-quality interfaces and great customer service.
So, if you want to buy, sell and trade CARV stock, choose one of these options and get started:
eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.
Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.
What is Carver Bancorp?
It is a holding company and financial stock. CARV provides consumer banking services. More specifically, through the Carver Federal Savings Bank, it offers various deposit products, featuring time, savings and demand deposits for consumers, businesses and governmental/quasi-governmental agencies.
The stock is yet to garner any major attention from the online investment forums that gave rise to notable short squeeze events for GameStop and AMC Entertainment, though this could soon change in the near future.
Should I buy Carver Bancorp stock?
If you are currently disinterested in the fundamentals and want to buy a stock to speculate on a potential short squeeze, what better stock to consider than the most shorted one on the market?
Should a major retail investment community like WallStreetBets target CARV stock, it could be in for some exponential growth.
Just make sure you do your own research and keep a close eye on the key technical indicators because the market is not fun and games; it can quickly turn against you.