CNBC Pro

Here’s a list of the most shorted stocks that could be targets for the Reddit crowd

A GameStop location with sign "We Buy Your Games and More"
Scott Mlyn | CNBC

The relentless rally in GameStop is telling Wall Street that average Joe day traders can't be underestimated.

An army of retail investors cheered each other on in the "wallstreetbets" Reddit forum with more than 2 million subscribers, piling into GameStop's stock and options. The buying frenzy has prompted GameStop shares to quadruple in the past two weeks, inflicting huge losses for short sellers in the name.

The Reddit crowd has already spotted other popular short targets by hedge funds, including Bed Bath & Beyond, pushing stocks higher. Here are other names they could go after:

More In Pro Insight

CNBC ProIs the bear market coming to an end? Here’s one indicator pros say to watch closely
watch now
VIDEO09:40
CNBC ProNike, Starbucks and Home Depot are some of today's top stock picks for investors: Pro Market Movers June 28
CNBC ProProfit margins are going to shrink, regardless of recession