Short squeeze is starting in shares of FENG at $2.127, after crossing above the $2.115 Trigger Price

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 Phoenix New Media Limited (FENG), 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 Phoenix New Media Limited at $2.127, after crossing above the $2.115 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
2025-08-11	1,893	17,338	10.92	2.06	3,900
2025-08-08	71	741	9.58	2.1	149
2025-08-07	150	1,122	13.37	2.18	327
2025-08-06	1,295	8,364	15.48	2.17	2,810
2025-08-05	833	4,958	16.8	2.15	1,791
2025-08-04	465	5,133	9.06	2.1	977
2025-08-01	3	1,045	0.29	2.14	6
2025-07-31	1,556	5,265	29.55	2.13	3,314
2025-07-30	1,509	3,107	48.57	2.1	3,169
2025-07-29	2,023	6,379	31.71	2.12	4,289
2025-07-28	1,306	8,227	15.87	2.19	2,860
2025-07-25	1,719	6,177	27.83	2.32	3,988
2025-07-24	120	1,803	6.66	2.32	278
2025-07-23	43	3,317	1.3	2.31	99
2025-07-22	468	3,670	12.75	2.31	1,081
2025-07-21	403	3,222	12.51	2.3	927
2025-07-18	124	2,896	4.28	2.3	285
2025-07-17	1,344	9,503	14.14	2.26	3,037
2025-07-16	193	895	21.56	2.26	436
2025-07-15	506	2,464	20.54	2.28	1,154
2025-07-14	197	2,699	7.3	2.28	449
2025-07-11	558	2,048	27.25	2.22	1,239
2025-07-10	173	3,478	4.97	2.27	393
2025-07-09	1,884	10,536	17.88	2.29	4,314
2025-07-08	385	11,695	3.29	2.19	843
2025-07-07	280	1,451	19.3	2.13	596
2025-07-03	250	851	29.38	2.23	558
2025-07-02	2,121	9,716	21.83	2.21	4,687
2025-07-01	3,189	5,622	56.72	2.16	6,888
2025-06-30	197	2,232	8.83	2.11	416
2025-06-27	675	2,826	23.89	2.17	1,465
2025-06-26	441	1,873	23.55	2.2	970
2025-06-25	15,890	71,208	22.31	2.2	34,958
2025-06-24	121	1,153	10.49	2.05	248
2025-06-23	209	2,941	7.11	2.03	424
2025-06-20	262	1,092	23.99	2.05	537
2025-06-18	1,865	8,468	22.02	2.19	4,084

Total	110,167,273	345,462,746	31.89	2.12	233,047,219

* Totals include all data records back to 2020-08-13 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of FENG at $2.127, after crossing above the $2.115 Trigger Price