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Fri, January 17, 2025

Short squeeze is starting in shares of SYNL at $11.13, after crossing above the $10.137 Trigger Price


Published on 2025-01-17 08:30:59 - 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 Synalloy Corporation (SYNL), 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 Synalloy Corporation at $11.13, after crossing above the $10.137 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
2022-08-1017,09547,07936.3115.56265,998
2022-08-092,9696,83443.4413.2439,310
2022-08-0817,80760,96429.2112.88229,354
2022-08-0532,61573,30544.4912.69413,884
2022-08-0411,26434,89332.2812.98146,207
2022-08-033,10625,45712.213.1540,844
2022-08-025,58730,10218.5613.0272,743
2022-08-017,49342,50117.6313.35100,032
2022-07-293,4708,6744013.8147,921
2022-07-284,3969,68445.3913.7160,269
2022-07-275,99522,54326.5913.379,734
2022-07-261,5513,98638.9113.4720,892
2022-07-251,6357,03523.2413.7322,449
2022-07-223,0488,9663413.7141,788
2022-07-212,9656,39146.3913.7340,709
2022-07-202,60712,84520.313.6935,690
2022-07-1915,57535,73043.5913.68213,066
2022-07-185,78120,81327.7813.376,887
2022-07-154,2469,22746.0213.0555,410
2022-07-148,98222,00140.8312.77114,700
2022-07-131,7479,74017.9413.2123,078
2022-07-125,45917,58331.0513.3172,659
2022-07-114,22618,48822.8613.4456,797
2022-07-081,93115,79012.2313.4926,049
2022-07-0776211,2236.7913.510,287
2022-07-0623,13784,38427.4212.57290,832
2022-07-057,07922,77731.0813.796,982
2022-07-0111,68428,60540.8514.09164,628
2022-06-305,36220,88225.6813.8474,210
2022-06-296,13415,01040.8714.387,716
2022-06-282,5326,90736.6614.7337,296
2022-06-275,58525,72721.7114.782,100
2022-06-248,57623,21436.9414.74126,410
2022-06-235,45715,25735.7714.3778,417
2022-06-2218,40939,80246.2514.78272,085
2022-06-216,73725,02826.9214.94100,651
2022-06-173,41910,29233.2215.0551,456
 
Total9,502,65324,262,79339.1710.1396,308,481
 
* Totals include all data records back to 2020-01-21 00:00:00, data set is truncated for viewing.
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