A short squeeze occurs when the stock's price doesn't decline as anticipated.
A short squeeze is a situation in which a stock's price increase triggers a rush of buying activity among short sellers.
Short sellers must buy stock to close out their short positions and cut their losses, which results in a further increase in stock prices, which compel still more short sellers to cover their positions.
Short Interest and Short Volume are both Increasing !
Date-----Volume----Short Volume - % of Vol Shorted
Feb 24----4,369,000 2,645,000 60.54% Feb 23----6,660,732 2,909,531 43.68% Feb 22---10,747,671 3,220,460 29.96% Feb 19----6,638,064 2,128,400 32.06% Feb 18----8,228,176 4,294,977 52.20% Feb 17----5,074,209 2,179,200 42.95% Feb 16------516,810 415,000 80.30% Feb 12----6,178,000 763,000 12.35%
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