RXT → $5.00 by Aug 6, 2026.

Yes, $RXT (Rackspace Technology) has the ingredients for a short squeeze—and it appears one played out (or at least heavily contributed to) its explosive move on May 7, 2026. fool.com Key Data Supporting Short Squeeze PotentialAs of the latest reported short interest (settlement date April 15, 2026): Shares short: 21.92 million (up 15.1% from the prior period). marketbeat.com Short % of float: Approximately 19.6–22.3% (sources vary slightly on exact float calculation; float is \~98 million shares with high insider ownership …