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Fri, January 17, 2025

Short squeeze is starting in shares of PNM at $48.94, after crossing above the $44.537 Trigger Price


Published on 2025-01-17 08:30:50 - WOPRAI
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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 PNM Resources, Inc. (PNM), 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 PNM Resources, Inc. at $48.94, after crossing above the $44.537 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.

DateShort VolumeTotal VolumePercentageSqueeze Trigger$ Value
2024-08-02162,631693,16023.4641.636,770,329
2024-08-01172,521918,16218.7942.047,252,783
2024-07-31233,436841,59127.7441.739,741,284
2024-07-30234,0741,208,88919.3641.469,704,708
2024-07-29209,2831,151,14418.1841.198,620,367
2024-07-26176,165728,94424.1740.87,187,532
2024-07-25293,7561,228,51823.9140.912,014,620
2024-07-24295,1281,058,01227.8940.6111,985,148
2024-07-23163,092711,15322.9340.156,548,144
2024-07-22131,896660,22019.9840.215,303,538
2024-07-19188,063492,35238.239.717,467,982
2024-07-18277,124688,84040.2340.0511,098,816
2024-07-17308,9711,101,07328.0639.9312,337,212
2024-07-16160,206764,47520.9638.996,246,432
2024-07-15176,519573,37330.7938.696,829,520
2024-07-12156,284795,83619.6438.816,065,382
2024-07-11258,122971,20226.5838.259,873,167
2024-07-10110,945495,19322.436.894,092,761
2024-07-09130,917402,99732.4936.344,757,524
2024-07-08121,923445,51427.3736.144,406,297
2024-07-05113,264590,43019.1836.144,093,361
2024-07-0378,859239,82832.8836.052,842,867
2024-07-0295,301258,60136.8536.233,452,755
2024-07-01205,330463,42044.3136.417,476,065
2024-06-28540,0282,166,67224.923719,981,036
2024-06-27216,366661,00032.7336.857,973,087
2024-06-26171,753837,74720.536.346,241,504
2024-06-25123,355526,22823.4436.384,487,655
2024-06-24108,267765,30414.1536.743,977,730
2024-06-21635,7161,926,5653336.3623,114,634
2024-06-20337,345937,66235.9836.2712,235,503
2024-06-18411,123971,88942.335.914,759,316
2024-06-17196,102698,64228.0736.967,247,930
2024-06-14216,554632,17434.2637.648,151,093
2024-06-13292,608798,75536.6337.8911,086,917
2024-06-12185,221924,18420.0437.76,982,832
2024-06-11119,166446,58926.6837.24,432,975
 
Total203,162,485979,816,61220.7344.539,047,572,484
 
* Totals include all data records back to 2020-01-21 00:00:00, data set is truncated for viewing.
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