Sequans Communications (SQNS) Faces Potential Short Squeeze

In the past 20 years (since 2005 with the introduction of RegSho), short selling has come under scrutiny as millions of retail investors have discovered what we have been highlighting since early 2005. Market makers abuse the “market maker’s exemption” and short excessive amounts of shares in your stock without locating, borrowing, paying the rebate or the interest rate to borrow. They are required to cover on the same trading day, and our data proves they do not.

The chart below shows “Daily Short Volume” in Sequans Communications S.A. (SQNS), and includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales. We consolidate the tape of all 14 US stock exchanges and purchase the “sell short” trade identifier data directly from the exchanges on a daily basis. This complete view of the trading in your stock shows a vastly different picture than “Total Short Interest”, which only includes non-exempt short sales that have not been covered by the twice per month reporting date. Unfortunately, this misses the majority of the short selling.

This indicates that a Short Squeeze may be starting in shares of Sequans Communications S.A. at $2.92, after crossing above the $2.807 Trigger Price. This could signal a buying opportunity, given the right market conditions.

You can find the full report at [ https://www.woprai.com/ ]

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-07-09	2,216,153	5,640,399	39.29	2.07	4,587,437
2025-07-08	32,297,002	88,255,528	36.59	2.19	70,730,434
2025-07-07	85,489	379,719	22.51	1.4	119,685
2025-07-03	231,386	585,241	39.54	1.43	330,882
2025-07-02	117,281	566,853	20.69	1.44	168,885
2025-07-01	148,214	531,453	27.89	1.44	213,428
2025-06-30	530,078	1,279,627	41.42	1.41	747,410
2025-06-27	59,405	279,696	21.24	1.31	77,821
2025-06-26	333,035	936,585	35.56	1.37	456,258
2025-06-25	143,291	722,635	19.83	1.51	216,369
2025-06-24	344,501	1,017,684	33.85	1.65	568,427
2025-06-23	4,441,762	14,235,468	31.2	1.86	8,261,677
2025-06-20	31,238	102,971	30.34	1.92	59,977
2025-06-18	20,642	52,994	38.95	1.93	39,839
2025-06-17	29,527	86,677	34.07	1.94	57,282
2025-06-16	15,556	46,722	33.29	1.9	29,556
2025-06-13	34,209	76,319	44.82	1.9	64,997
2025-06-12	14,793	31,075	47.6	1.88	27,811
2025-06-11	28,622	79,381	36.06	1.86	53,237
2025-06-10	10,860	51,015	21.29	1.9	20,634
2025-06-09	5,941	46,976	12.65	1.87	11,110
2025-06-06	38,698	96,332	40.17	1.89	73,139
2025-06-05	23,706	88,875	26.67	1.91	45,278
2025-06-04	12,501	65,973	18.95	1.81	22,627
2025-06-03	16,404	50,400	32.55	1.8	29,527
2025-06-02	210	15,829	1.33	1.77	372
2025-05-30	3,263	20,522	15.9	1.74	5,678
2025-05-29	6,409	24,456	26.21	1.79	11,472
2025-05-28	6,537	13,063	50.04	1.82	11,897
2025-05-27	7,376	27,364	26.96	1.82	13,424
2025-05-23	9,218	37,862	24.35	1.8	16,592
2025-05-22	14,319	41,630	34.4	1.85	26,490
2025-05-21	30,016	102,463	29.29	1.92	57,631
2025-05-20	1,269	12,734	9.97	1.9	2,411
2025-05-19	17,629	53,259	33.1	1.9	33,495
2025-05-16	17,599	53,026	33.19	1.83	32,206
2025-05-15	6,103	60,882	10.02	1.82	11,107

Total	152,674,144	444,492,324	34.35	2.8	426,963,110

* Totals include all data records back to 2020-07-14 00:00:00, data set is truncated for viewing.