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TenKay

09/04/21 10:48 AM

#100507 RE: The_Truth_NL #100505

A short squeeze generally requires three conditions to occur at the same time.

1) The days to cover needs to close to or greater than 10 days. Many many stocks have days to cover greater than 1 or 2 and there is not a short squeeze.

2) The short interest is a significant percentage of the float….as in 50% or more.

and

3) Most importantly there must be significant failures to deliver in order for buyins to fuel the squeeze.

HMBL has a days to cover of slightly under 4.
The short interest is around 3% of the OS and has been pretty stable at that level.
There are no delivery issues with the stock.

There is not going to be a short squeeze.