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Fri, January 17, 2025

Short squeeze is starting in shares of RE at $360.91, after crossing above the $277.881 Trigger Price


Published on 2025-01-17 08:30:54 - 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 Everest Re Group, Ltd. (RE), 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 Everest Re Group, Ltd. at $360.91, after crossing above the $277.881 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
2023-07-07136,786502,65127.21351.4548,073,440
2023-07-06113,999407,05128.01341.0238,875,939
2023-07-05102,851336,48930.57338.4934,814,035
2023-07-0361,785150,22841.13341.3121,087,838
2023-06-30125,594643,28919.52341.6842,912,958
2023-06-29167,736568,29429.52338.4556,770,249
2023-06-28171,085469,27336.46333.1156,990,124
2023-06-27136,990357,13638.36337.9146,290,291
2023-06-26247,421580,85342.6340.184,147,882
2023-06-23168,490487,91834.53346.4258,368,306
2023-06-22104,093245,42942.41352.9436,738,583
2023-06-2189,829381,98223.52352.9631,706,044
2023-06-20150,322461,26132.59352.1252,931,383
2023-06-16212,5951,045,95720.33351.1774,656,986
2023-06-1577,321340,39022.72343.7326,577,547
2023-06-1474,593291,99025.55343.225,600,318
2023-06-13106,356369,22628.81345.8836,786,413
2023-06-12118,290437,80427.02339.9240,209,137
2023-06-0991,888380,70324.14344.0431,613,148
2023-06-0893,907292,46232.11342.9932,209,162
2023-06-0791,708363,07525.26348.7431,982,248
2023-06-06129,022454,72828.37347.4944,833,855
2023-06-05140,458705,51219.91342.3848,090,010
2023-06-02185,030484,34138.234363,465,290
2023-06-01131,848469,20528.1338.5644,638,459
2023-05-31296,588885,02233.51341.09101,163,201
2023-05-30114,751443,31625.88351.440,323,501
2023-05-2695,792344,78327.78351.6833,688,131
2023-05-25122,403340,94835.9359.9344,056,512
2023-05-24184,218450,15740.92361.6466,620,598
2023-05-23244,798861,97628.4365.2489,410,022
2023-05-22216,648722,64429.98361.3978,294,421
2023-05-19181,435940,46419.29377.6568,518,928
2023-05-18366,0922,072,74517.66376.02137,657,914
2023-05-17459,9642,127,65721.62369.98170,177,481
2023-05-1637,784136,10727.76379.714,346,585
2023-05-1553,513141,61337.79382.7520,482,101
 
Total70,024,291293,989,66523.82277.8819,458,298,488
 
* Totals include all data records back to 2020-01-21 00:00:00, data set is truncated for viewing.
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