Short squeeze is starting in shares of ESTC at $94.6, after crossing above the $92.646 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 Elastic N.V. (ESTC), 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 Elastic N.V. at $94.6, after crossing above the $92.646 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
2025-03-13	915,064	2,518,611	36.33	92.53	84,670,872
2025-03-12	659,515	1,449,190	45.51	98.5	64,962,228
2025-03-11	1,610,726	4,245,780	37.94	96.59	155,580,024
2025-03-10	1,316,334	3,629,287	36.27	90.92	119,681,087
2025-03-07	689,048	2,579,360	26.71	94.19	64,901,431
2025-03-06	612,292	1,809,808	33.83	101.61	62,214,990
2025-03-05	452,065	1,456,788	31.03	108.77	49,171,110
2025-03-04	647,554	2,025,474	31.97	106.62	69,042,207
2025-03-03	884,420	2,434,721	36.33	109.94	97,233,135
2025-02-28	1,565,172	4,170,569	37.53	115.01	180,010,432
2025-02-27	882,582	2,307,966	38.24	104.06	91,841,483
2025-02-26	446,002	1,615,355	27.61	104.01	46,388,668
2025-02-25	452,914	1,461,432	30.99	102.55	46,446,331
2025-02-24	527,609	1,488,288	35.45	104.21	54,982,134
2025-02-21	385,786	1,043,887	36.96	107.36	41,417,985
2025-02-20	354,933	1,137,857	31.19	108.8	38,616,710
2025-02-19	326,360	945,695	34.51	111.87	36,509,893
2025-02-18	460,202	1,168,663	39.38	113.78	52,361,784
2025-02-14	446,080	1,402,527	31.81	113.95	50,830,816
2025-02-13	387,946	1,272,030	30.5	116.28	45,110,361
2025-02-12	441,791	1,274,400	34.67	116.8	51,601,189
2025-02-11	485,453	1,183,765	41.01	115.36	56,001,858
2025-02-10	648,441	2,109,034	30.75	117.06	75,906,503
2025-02-07	272,503	693,845	39.27	113.66	30,972,691
2025-02-06	505,685	1,090,524	46.37	114.83	58,067,809
2025-02-05	307,893	892,636	34.49	114.29	35,189,091
2025-02-04	492,585	1,408,166	34.98	114.8	56,548,758
2025-02-03	345,348	911,258	37.9	111.22	38,409,605
2025-01-31	576,894	1,347,326	42.82	112.91	65,137,102
2025-01-30	582,320	1,218,576	47.79	111.62	64,998,558
2025-01-29	763,358	2,171,123	35.16	113.14	86,366,324
2025-01-28	1,438,814	3,537,341	40.68	115.16	165,693,820
2025-01-27	437,814	1,533,368	28.55	104.97	45,957,336
2025-01-24	384,936	1,236,974	31.12	105.76	40,710,831
2025-01-23	515,102	1,644,725	31.32	103.84	53,488,192
2025-01-22	305,479	982,772	31.08	101.1	30,883,927
2025-01-21	342,202	1,155,135	29.62	100.68	34,452,897

Total	498,617,244	1,643,301,369	30.34	92.65	46,194,843,318

* Totals include all data records back to 2020-03-16 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of ESTC at $94.6, after crossing above the $92.646 Trigger Price