Short squeeze is starting in shares of FSBW at $37.45, after crossing above the $37.23 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 FS Bancorp, Inc. (FSBW), 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 FS Bancorp, Inc. at $37.45, after crossing above the $37.23 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
2025-03-21	10,939	30,195	36.23	36.96	404,305
2025-03-20	1,393	5,862	23.76	37.26	51,903
2025-03-19	2,393	13,609	17.58	37.54	89,833
2025-03-18	2,359	11,773	20.04	36.99	87,259
2025-03-17	1,813	8,524	21.27	36.4	65,993
2025-03-14	3,644	9,917	36.74	36.86	134,318
2025-03-13	2,440	8,865	27.52	36.26	88,474
2025-03-12	7,571	20,924	36.18	36.05	272,935
2025-03-11	4,993	19,823	25.19	36.25	180,996
2025-03-10	1,915	14,327	13.37	37.01	70,874
2025-03-07	2,381	10,642	22.37	37.86	90,145
2025-03-06	2,261	10,939	20.67	37.3	84,335
2025-03-05	2,401	11,106	21.62	37.69	90,494
2025-03-04	2,115	8,937	23.67	38.33	81,068
2025-03-03	2,620	11,660	22.47	39.08	102,390
2025-02-28	1,611	6,709	24.01	39.35	63,393
2025-02-27	2,133	10,236	20.84	38.97	83,123
2025-02-26	3,633	10,707	33.93	38.86	141,178
2025-02-25	3,786	15,295	24.75	38.8	146,897
2025-02-24	2,683	10,910	24.59	38.54	103,403
2025-02-21	3,759	10,496	35.81	38.64	145,248
2025-02-20	2,608	10,331	25.24	39.05	101,842
2025-02-19	2,330	11,165	20.87	39.08	91,056
2025-02-18	3,502	22,084	15.86	39.01	136,613
2025-02-14	3,061	15,134	20.23	39.03	119,471
2025-02-13	1,949	11,836	16.47	38.97	75,953
2025-02-12	5,082	27,394	18.55	39.03	198,350
2025-02-11	3,654	32,587	11.21	40	146,160
2025-02-10	2,277	19,642	11.59	39.85	90,738
2025-02-07	2,366	9,580	24.7	40.19	95,090
2025-02-06	2,046	6,000	34.1	41.19	84,275
2025-02-05	1,785	12,160	14.68	41.37	73,845
2025-02-04	1,337	8,942	14.95	40.34	53,935
2025-02-03	3,229	12,106	26.67	40.01	129,192
2025-01-31	4,500	14,353	31.35	40.77	183,465
2025-01-30	2,308	10,128	22.79	41.43	95,620
2025-01-29	1,874	6,044	31.01	41.14	77,096

Total	6,347,520	22,568,168	28.13	37.25	236,422,282

* Totals include all data records back to 2020-03-25 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of FSBW at $37.45, after crossing above the $37.23 Trigger Price