Short squeeze is starting in shares of FENG at $2.21, after crossing above the $2.089 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 $2.21, after crossing above the $2.089 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
2025-06-06	123	1,076	11.43	2.05	252
2025-06-05	37	1,993	1.86	2.05	76
2025-06-04	106	7,614	1.39	2.01	213
2025-06-03	104	2,326	4.47	2.06	214
2025-06-02	207	2,211	9.36	2.13	441
2025-05-30	597	19,289	3.1	2.09	1,248
2025-05-29	1,559	12,047	12.94	2.2	3,430
2025-05-28	269	2,204	12.21	2.09	562
2025-05-27	300	3,147	9.53	2.2	660
2025-05-23	222	634	35.02	2.29	508
2025-05-22	1,496	3,809	39.28	2.21	3,306
2025-05-21	606	2,151	28.17	2.24	1,357
2025-05-20	5,651	25,183	22.44	2.34	13,223
2025-05-19	2,478	6,986	35.47	2.12	5,253
2025-05-16	238	871	27.32	2.21	526
2025-05-15	128	1,059	12.09	2.18	279
2025-05-14	3,077	30,850	9.97	2.21	6,800
2025-05-13	6,167	22,206	27.77	2.3	14,184
2025-05-12	17,267	57,075	30.25	2.28	39,369
2025-05-09	668	1,883	35.48	2.04	1,363
2025-05-08	2,248	8,384	26.81	2.17	4,878
2025-05-07	698	4,705	14.84	2.07	1,445
2025-05-06	1,155	4,461	25.89	2.11	2,437
2025-05-05	2,365	6,676	35.43	2.2	5,203
2025-05-02	3,401	13,828	24.6	2.26	7,686
2025-05-01	3,983	27,446	14.51	2.21	8,802
2025-04-30	19,813	85,166	23.26	2.25	44,579
2025-04-29	31,287	115,015	27.2	2.04	63,825
2025-04-28	5,968	79,890	7.47	1.89	11,280
2025-04-25	11,816	82,991	14.24	1.77	20,914
2025-04-24	108	3,719	2.9	1.63	176
2025-04-23	301	1,445	20.83	1.56	470
2025-04-22	397	9,600	4.14	1.55	615
2025-04-21	63	28,370	0.22	1.51	95
2025-04-17	465	1,016	45.77	1.63	758
2025-04-16	596	3,743	15.92	1.73	1,031
2025-04-15	502	4,426	11.34	1.68	843

Total	115,668,426	362,573,396	31.9	2.09	241,710,669

* Totals include all data records back to 2020-06-10 00:00:00, data set is truncated for viewing.

N※N

Short squeeze is starting in shares of FENG at $2.21, after crossing above the $2.089 Trigger Price