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Fri, February 21, 2025

Short squeeze is starting in shares of SMDM at $2.835, after crossing above the $0.242 Trigger Price


Published on 2025-02-21 08:31:02 - 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 The Singing Machine Company, Inc. (SMDM), 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 The Singing Machine Company, Inc. at $2.835, after crossing above the $0.242 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
2022-05-23230,604426,47154.070.19444,737
2022-05-20229,506360,14063.730.20446,819
2022-05-19288,513332,87086.670.21361,453
2022-05-189,62827,58934.90.2432,340
2022-05-17565,894842,10267.20.225127,326
2022-05-1620,20020,2001000.1883,798
2022-05-1312,75034,73536.710.1912,435
2022-05-12122,844200,04961.410.19824,323
2022-05-11149,291194,26376.850.18427,470
2022-05-1050,750109,31746.420.1678,475
2022-05-0925,09153,96846.490.1593,989
2022-05-0542010,1074.160.15364
2022-05-04134,931359,03537.580.16622,399
2022-05-0318,00059,01030.50.1442,592
2022-05-025,01024,39920.530.147736
2022-04-2932,00069,04446.350.1524,864
2022-04-25101,035137,20673.640.14514,650
2022-04-2241,245102,32640.310.1476,063
2022-04-2110730135.550.15617
2022-04-2098,068123,21079.590.14914,612
2022-04-19125,512240,39452.210.14818,576
2022-04-1492,109153,85759.870.1412,895
2022-04-131001001000.13313
2022-04-116,00021,96327.320.14840
2022-04-051001001000.1515
2022-04-0433,43639,86183.880.1424,748
2022-03-3027,99034,37681.420.1413,947
2022-03-29105,825120,64687.720.14715,556
2022-03-23147,170188,684780.14721,634
2022-03-2251,43258,21288.350.1517,766
2022-03-1615,00093,85015.980.1532,295
2022-03-1527,473147,41518.640.154,121
2022-03-1459,07990,60965.20.1518,921
2022-03-11110,128205,32253.640.15617,180
2022-03-1048,03284,58456.790.167,685
2022-03-09170,253305,88555.660.16227,581
2022-03-0420,72852,58239.420.1663,441
 
Total7,633,16215,715,90048.570.2431,852,808
 
* Totals include all data records back to 2020-02-24 00:00:00, data set is truncated for viewing.
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