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Fri, January 17, 2025

Short squeeze is starting in shares of PWFL at $6.16, after crossing above the $4.631 Trigger Price


Published on 2025-01-17 08:30:52 - 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 PowerFleet, Inc. (PWFL), 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 PowerFleet, Inc. at $6.16, after crossing above the $4.631 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
2024-06-286,437,84713,698,622474.5729,420,961
2024-06-27664,0421,340,76349.534.633,074,514
2024-06-26521,541937,73355.624.272,226,980
2024-06-25718,8071,656,33243.44.172,997,425
2024-06-24406,9511,266,98032.124.21,709,194
2024-06-21442,4741,493,71629.624.271,889,364
2024-06-20268,4211,031,34526.034.181,122,000
2024-06-18232,2631,028,87622.574.351,010,344
2024-06-17218,890603,43336.274.48980,627
2024-06-14115,988414,73427.974.52524,266
2024-06-13140,923340,95641.334.56642,609
2024-06-12111,772316,28835.344.64518,622
2024-06-11181,374430,63042.124.49814,369
2024-06-10145,140435,61833.324.6667,644
2024-06-07225,807526,27242.914.621,043,228
2024-06-06290,292578,39750.194.781,387,596
2024-06-05212,296452,29546.944.861,031,759
2024-06-04286,793734,24439.064.881,399,550
2024-06-03157,966433,46136.445.27832,481
2024-05-31312,375611,90951.055.31,655,588
2024-05-30193,030492,20539.225.431,048,153
2024-05-29206,604575,12335.925.381,111,530
2024-05-28238,534571,07141.775.371,280,928
2024-05-24225,753604,88937.325.341,205,521
2024-05-23285,335673,98442.345.211,486,595
2024-05-22256,192673,19438.065.331,365,503
2024-05-21235,329731,80432.165.481,289,603
2024-05-20174,656542,47532.25.44950,129
2024-05-17196,151546,66635.885.441,067,061
2024-05-16199,432583,91834.155.451,086,904
2024-05-15394,1651,333,52829.565.492,163,966
2024-05-14352,977757,56746.595.431,916,665
2024-05-13305,915919,38333.275.451,667,237
2024-05-10238,621666,01435.835.151,228,898
2024-05-09152,395571,56426.665.02765,023
2024-05-08169,633666,49025.455.05856,647
2024-05-07807,5002,339,59334.515.274,255,525
 
Total75,734,480211,364,26135.834.63350,750,506
 
* Totals include all data records back to 2020-08-05 00:00:00, data set is truncated for viewing.
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