Tue, February 11, 2025
Mon, February 10, 2025
[ Mon, Feb 10th ] - Yahoo
SCFR Receives $15,000 Grant
Sun, February 9, 2025
[ Sun, Feb 09th ] - Yahoo
Stocks Poised for Lower Open

Short squeeze is starting in shares of NCV at $14.02, after crossing above the $4.103 Trigger Price


//stocks-investing.news-articles.net/content/202 .. fter-crossing-above-the-4-103-trigger-price.html
Published in Stocks and Investing on Monday, February 10th 2025 at 10:30 GMT by 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 Virtus Convertible & Income Fund (NCV), 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 Virtus Convertible & Income Fund at $14.02, after crossing above the $4.103 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
2025-02-07630,3691,908,23633.033.542,231,506
2025-02-06169,500352,65348.063.63615,285
2025-02-05129,554375,69234.483.62468,985
2025-02-04178,937390,61545.813.63649,541
2025-02-0392,088271,75333.893.59330,596
2025-01-31109,543384,81428.473.66400,927
2025-01-30215,770425,61150.73.65787,561
2025-01-29121,965324,72937.563.61440,294
2025-01-28161,810395,34540.933.6582,516
2025-01-27162,228315,47151.423.6584,021
2025-01-24123,986229,52954.023.63450,069
2025-01-2386,215262,58432.833.6310,374
2025-01-2260,717224,18827.083.58217,367
2025-01-21104,244329,72931.623.57372,151
2025-01-17418,5301,414,82729.583.561,489,967
2025-01-16306,696853,81635.923.511,076,503
2025-01-15216,629697,80931.043.51760,368
2025-01-14135,669593,47722.863.43465,345
2025-01-13381,225886,82342.993.391,292,353
2025-01-10297,353667,84844.523.411,013,974
2025-01-08280,566693,04840.483.47973,564
2025-01-07142,597216,00266.023.52501,941
2025-01-06216,564486,03644.563.55768,802
2025-01-03127,391286,74844.433.49444,595
2025-01-0296,193199,43348.233.47333,790
2024-12-31106,336299,44535.513.48370,049
2024-12-30118,161436,34727.083.5413,564
2024-12-2769,960327,89421.343.5244,860
2024-12-2665,300328,68819.873.53230,509
2024-12-2460,880274,28522.23.5213,080
2024-12-2339,712245,31116.193.49138,595
2024-12-2045,331226,604203.5158,659
2024-12-19112,379350,95832.023.48391,079
2024-12-18168,483552,69630.483.54596,430
2024-12-17210,482845,03224.913.56749,316
2024-12-16196,417560,20335.063.61709,065
2024-12-1377,869611,18112.743.6280,328
 
Total244,603,622631,169,76438.754.11,002,941,848
 
* Totals include all data records back to 2020-02-11 00:00:00, data set is truncated for viewing.

Publication Contributing Sources