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Jim Cramer warns short sellers against Kohl's, fearing a GameStop-like squeeze; stock surged 37.62%.
Jim Cramer, host of CNBC's "Mad Money," warns against shorting Kohl's stock, fearing a repeat of the GameStop short squeeze.
With 50% of its shares sold short, Cramer argues Kohl's balance sheet isn't bad enough to justify this heavy short position.
He advises short sellers to "cover and move on" before facing further losses.
Kohl's stock surged 37.62% amid this volatility.
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Jim Cramer advierte a los vendedores cortos contra Kohl's, temiendo una compresión similar a la de GameStop; las acciones subieron un 37,62%.