I bet a ton covered today, that was a squeeze on 1.30+...that was reason I put in trailing .15 stop...wanted to sell the hard dip following the squeeze...I sold half on the 1st 1.30 target, another quarter on 1.43 trailing stop...reloaded 75% back in 1.19
Like I said that number was from 1/12/24 it was at 7 million shares shorted. I think the number was probably larger between then and now. Either way I am holding my shares here. I can see this one being a nice swing trade to $3 or so. Might take a week or longer but I have time. Either way the chart looks very bullish here and has plenty of room before its even close to overbought.