Stocks and Investing Stocks and Investing
Fri, January 17, 2025

Short squeeze is starting in shares of PRMW at $32.31, after crossing above the $16.536 Trigger Price


Published on 2025-01-17 08:30:51 - WOPRAI
  Print publication without navigation


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 Primo Water Corporation (PRMW), 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 Primo Water Corporation at $32.31, after crossing above the $16.536 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
2024-11-086,283,97614,809,58742.4324.52154,083,092
2024-11-072,689,4147,339,66936.6424.6566,294,055
2024-11-061,102,1703,007,25836.6525.427,995,118
2024-11-05837,9092,945,98328.4425.3321,224,235
2024-11-04408,6351,477,77027.6526.3410,763,446
2024-11-019,987,29810,815,51992.3426.39263,564,794
2024-10-31314,0331,793,86017.5126.398,287,331
2024-10-30230,154775,38829.6826.866,181,936
2024-10-29381,8821,028,95237.1126.8910,268,807
2024-10-28204,301988,53920.6727.345,585,589
2024-10-25332,604871,78338.1527.679,203,153
2024-10-24300,966952,71031.5927.538,285,594
2024-10-23360,727845,49942.6627.629,963,280
2024-10-22267,859771,68234.7127.897,470,588
2024-10-21361,258994,96936.3127.539,945,433
2024-10-18640,9591,039,92561.6427.617,690,468
2024-10-17751,6761,447,71451.9227.2320,468,137
2024-10-16397,4331,168,8753427.0510,750,563
2024-10-15490,7031,503,39032.6426.6813,091,956
2024-10-14325,938746,72743.6526.148,520,019
2024-10-11432,9041,448,50829.8925.6711,112,646
2024-10-10329,1882,054,74816.0225.338,338,332
2024-10-09598,4702,242,18026.6925.7815,428,557
2024-10-08316,081897,46535.2225.318,000,010
2024-10-07472,2331,236,71438.1825.2311,914,439
2024-10-04305,2541,188,73625.6825.127,667,980
2024-10-03643,4881,646,55939.0824.9616,061,460
2024-10-02342,0541,119,07230.5724.78,448,734
2024-10-01383,6241,400,43627.3925.19,628,962
2024-09-30335,205837,20140.0425.138,423,702
2024-09-27494,356957,22851.6425.0312,373,731
2024-09-26488,9341,440,72833.9424.3711,915,322
2024-09-25422,3771,135,36237.225.2810,677,691
2024-09-24764,4311,447,52152.8125.3919,408,903
2024-09-23846,0621,850,36345.7225.3321,430,750
2024-09-201,594,3254,543,83335.0925.2440,240,763
2024-09-19760,6881,353,98756.1825.3119,253,013
 
Total363,862,0071,393,794,36626.1116.546,018,100,632
 
* Totals include all data records back to 2020-01-21 00:00:00, data set is truncated for viewing.
Contributing Sources