Is SoundHound Stock (SOUN) About to Short Squeeze? | 7investing Live

<p>Simon Erickson breaks down how a short squeeze works and why SoundHound AI stock (NASDAQ: SOUN) may be setting up for one right now. Learn what short interest and days-to-cover really mean, how these metrics predicted Upstart Holdings&#39; (NASDAQ: UPST) 220% run in 2023, and why SoundHound&#39;s current 41.6% short interest and 5.8 days-to-cover ratio look strikingly similar. Simon Erickson and executive producer Heather Horton also discuss SoundHound&#39;s conversational AI platform, its 99% year-over-year revenue growth, upcoming Q2 earnings on August 5th, and whether short squeeze investing is right for the average investor.Simon also shares why SoundHound AI ranked #3 on 7investing&#39;s Best Buys list for July and how you can see the full rankings.🔗 Free 7investing trial: https://7investing.com/subscribeStocks MentionedPublicly Traded:SoundHound AI (NASDAQ:SOUN)Upstart Holdings (NASDAQ:UPST)Tesla (NASDAQ:TSLA)SoundHound customers:Chipotle Mexican Grill (NYSE:CMG) Hyundai Motor Company (KRX:005380) SoundHound customerHonda Motor Co. (NYSE:HMC) Private/Not Publicly Traded:Jersey Mike&#39;sTorchy&#39;s TacosAmelia (acquired by SoundHound AI)Chapters0:00 Welcome to 7investing Live0:40 Today&#39;s Topic: What Is a Short Squeeze?1:58 Defining Short Interest4:44 Defining Days to Cover7:02 Case Study: Upstart Holdings (UPST) in 20238:50 Today&#39;s Candidate: SoundHound AI (SOUN)9:16 SoundHound&#39;s Conversational AI Business12:00 SoundHound&#39;s Short Interest &amp; Days-to-Cover Data15:03 SoundHound Ranks #3 on 7investing&#39;s Best Buys16:53 Q&amp;A: Why Is SoundHound Being Punished?19:03 How to Play a Short Squeeze Stock20:02 What Catalyst Could Trigger the Squeeze?22:46 Is This Strategy Right for Average Investors?23:43 Fundamentals vs. Technical Analysis27:54 Wrap-Up &amp; Next Show Preview#7investing #SimonErickson #SoundHoundAI #SOUNStock #ShortSqueeze #StockMarket #AIStocks #ShortInterest #SmallCapStocks #StockAnalysis⚠️ This is not investing advice. Please do your own research before making any investment decisions.</p>