Stocks and Investing Stocks and Investing
Wed, January 22, 2025

Short squeeze is starting in shares of PFMT at $2.47, after crossing above the $2.444 Trigger Price


Published on 2025-01-22 12:45:06 - 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 Performant Financial Corporation (PFMT), 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 Performant Financial Corporation at $2.47, after crossing above the $2.444 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
2024-12-1762,856166,17537.833.57224,396
2024-12-1667,558198,60034.023.64245,911
2024-12-13115,917193,10960.033.55411,505
2024-12-12143,366259,01155.353.56510,383
2024-12-1161,804168,40836.73.37208,279
2024-12-1024,580118,18920.83.2479,639
2024-12-0977,642232,94933.333.1240,690
2024-12-0652,237140,50237.183.01157,233
2024-12-0581,619170,62347.843.01245,673
2024-12-0437,430166,35722.53.08115,284
2024-12-0358,211111,11652.393.15183,365
2024-12-0230,00582,72536.273.1795,116
2024-11-2920,37477,22726.383.1363,771
2024-11-2718,57275,22624.693.157,573
2024-11-2654,885128,48842.723.05167,399
2024-11-2572,802132,86154.83.19232,238
2024-11-2268,459133,79351.173.15215,646
2024-11-2166,848153,24243.623.04203,218
2024-11-2029,07679,73236.472.9485,483
2024-11-1935,74288,23340.513107,226
2024-11-1849,391153,98032.083.02149,161
2024-11-1585,053182,99546.483.15267,917
2024-11-1464,741146,18944.293.22208,466
2024-11-1363,144179,98135.083.34210,901
2024-11-1292,026247,31637.213.35308,287
2024-11-1158,020178,38432.533.4197,268
2024-11-08132,744380,89334.853.45457,967
2024-11-07138,776434,44931.943.77523,186
2024-11-06112,103452,52424.774.23474,196
2024-11-0544,608119,95437.193.99177,986
2024-11-0494,605258,88636.543.95373,690
2024-11-0149,928229,48821.763.95197,216
2024-10-3131,26097,84931.953.9121,914
2024-10-3015,61178,37119.923.8860,571
2024-10-2917,56559,75129.43.8968,328
2024-10-2828,52257,28949.793.89110,951
2024-10-2531,91687,45736.493.87123,515
 
Total188,949,953512,735,69236.852.44461,779,071
 
* Totals include all data records back to 2020-01-23 00:00:00, data set is truncated for viewing.
Contributing Sources