Short squeeze is starting in shares of SMDM at $2.425, after crossing above the $0.243 Trigger Price

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 $2.425, after crossing above the $0.243 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.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2022-05-23	230,604	426,471	54.07	0.194	44,737
2022-05-20	229,506	360,140	63.73	0.204	46,819
2022-05-19	288,513	332,870	86.67	0.213	61,453
2022-05-18	9,628	27,589	34.9	0.243	2,340
2022-05-17	565,894	842,102	67.2	0.225	127,326
2022-05-16	20,200	20,200	100	0.188	3,798
2022-05-13	12,750	34,735	36.71	0.191	2,435
2022-05-12	122,844	200,049	61.41	0.198	24,323
2022-05-11	149,291	194,263	76.85	0.184	27,470
2022-05-10	50,750	109,317	46.42	0.167	8,475
2022-05-09	25,091	53,968	46.49	0.159	3,989
2022-05-05	420	10,107	4.16	0.153	64
2022-05-04	134,931	359,035	37.58	0.166	22,399
2022-05-03	18,000	59,010	30.5	0.144	2,592
2022-05-02	5,010	24,399	20.53	0.147	736
2022-04-29	32,000	69,044	46.35	0.152	4,864
2022-04-25	101,035	137,206	73.64	0.145	14,650
2022-04-22	41,245	102,326	40.31	0.147	6,063
2022-04-21	107	301	35.55	0.156	17
2022-04-20	98,068	123,210	79.59	0.149	14,612
2022-04-19	125,512	240,394	52.21	0.148	18,576
2022-04-14	92,109	153,857	59.87	0.14	12,895
2022-04-13	100	100	100	0.133	13
2022-04-11	6,000	21,963	27.32	0.14	840
2022-04-05	100	100	100	0.15	15
2022-04-04	33,436	39,861	83.88	0.142	4,748
2022-03-30	27,990	34,376	81.42	0.141	3,947
2022-03-29	105,825	120,646	87.72	0.147	15,556
2022-03-23	147,170	188,684	78	0.147	21,634
2022-03-22	51,432	58,212	88.35	0.151	7,766
2022-03-16	15,000	93,850	15.98	0.153	2,295
2022-03-15	27,473	147,415	18.64	0.15	4,121
2022-03-14	59,079	90,609	65.2	0.151	8,921
2022-03-11	110,128	205,322	53.64	0.156	17,180
2022-03-10	48,032	84,584	56.79	0.16	7,685
2022-03-09	170,253	305,885	55.66	0.162	27,581
2022-03-04	20,728	52,582	39.42	0.166	3,441

Total	7,613,083	15,680,980	48.55	0.243	1,849,686

* Totals include all data records back to 2020-02-27 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of SMDM at $2.425, after crossing above the $0.243 Trigger Price