![](https://investorshub.advfn.com/uicon/792403.png?cb=1632160976)
Thursday, September 23, 2021 3:02:24 PM
https://www.shortvolume.com/?t=enzc
https://www.otcshortreport.com/company/ENZC
I tend to stay away from "short squeeze" forecasts after Gamestop et al, but it's still a data point worth noting. In practice, it seems MMs can just naked short to infinity and overwhelm most markets, and/or things aren't as shorted as they seem. For example the other half of volume might be them covering a few cents lower after they trigger a mini-breakdown to pick retail's pocket.
EDIT: Am I reading this right that the latest short interest report included 6,668,872 shorted shares? That's only $750,248 to cover at current prices then, potentially double or more in a surprise breakout after catalyzing news. So probably not much of a short squeeze scenario at play though MMs covering shorts could still add momentum in a big run.
https://www.otcmarkets.com/stock/enzc/quote#short-interest
Recent ENZC News
- Small Cap Recipient of Military Drone Technology • InvestorsHub NewsWire • 11/20/2023 01:14:45 PM
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HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM