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Fri, February 28, 2025

Short squeeze is starting in shares of INDB at $69.24, after crossing above the $68.945 Trigger Price


Published on 2025-02-28 11:15:09 - 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 Independent Bank Corp. (INDB), 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 Independent Bank Corp. at $69.24, after crossing above the $68.945 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
2025-02-27101,499239,63842.3668.076,909,037
2025-02-26137,915266,46651.7668.079,387,874
2025-02-25105,661221,83647.6368.227,208,193
2025-02-24147,321336,54143.7868.0510,025,194
2025-02-21239,698384,23762.3868.5516,431,298
2025-02-20164,040306,53453.5169.2311,356,489
2025-02-19124,606264,21947.1669.688,682,546
2025-02-1892,864230,20140.3469.736,475,407
2025-02-1467,791199,07534.0568.594,649,785
2025-02-1365,918138,66147.5468.74,528,567
2025-02-12140,852285,27649.3768.889,701,886
2025-02-1177,842200,82538.7669.975,446,605
2025-02-10108,413304,91335.5669.447,528,199
2025-02-07126,572250,74150.4869.438,787,894
2025-02-0662,818224,94727.9370.14,403,542
2025-02-0565,415162,10140.3568.714,494,665
2025-02-0459,077139,64342.3167.814,006,011
2025-02-0387,273216,44240.3266.35,786,200
2025-01-3199,207229,15943.2967.426,688,536
2025-01-3087,244217,47140.1267.685,904,674
2025-01-2957,922137,94741.9966.723,864,556
2025-01-2875,476164,00546.0267.075,062,175
2025-01-2786,084211,82640.6467.565,815,835
2025-01-2484,713184,95045.866.445,628,332
2025-01-23107,530263,39340.8266.157,113,110
2025-01-22173,937369,33747.0967.2911,704,221
2025-01-21148,044308,52647.9868.2310,101,042
2025-01-17212,362468,69345.3166.8514,196,400
2025-01-1686,474227,18138.0663.985,532,607
2025-01-15115,299251,29245.8864.987,492,129
2025-01-14116,339230,46950.4863.167,347,971
2025-01-13100,503190,07252.8860.736,103,547
2025-01-10115,773249,05646.4860.346,985,743
2025-01-0846,197134,40134.3762.32,878,073
2025-01-0799,533246,74540.3462.746,244,700
2025-01-0677,527185,05741.8963.754,942,346
2025-01-0387,575176,89649.5163.675,575,900
 
Total104,206,605267,089,66139.0268.947,184,486,236
 
* Totals include all data records back to 2020-03-02 00:00:00, data set is truncated for viewing.
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