Wed, April 23, 2025
Tue, April 22, 2025

Short squeeze is starting in shares of ELDN at $3.18, after crossing above the $3.127 Trigger Price


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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 Eledon Pharmaceuticals, Inc. (ELDN), 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 Eledon Pharmaceuticals, Inc. at $3.18, after crossing above the $3.127 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
2025-04-2142,564107,32439.663127,692
2025-04-1746,487143,69832.353.01139,926
2025-04-1664,974151,50242.893194,922
2025-04-1556,346145,74038.663.01169,601
2025-04-1457,088154,02537.062.98170,122
2025-04-1155,151160,64534.332.89159,386
2025-04-1080,953150,58353.762.82228,287
2025-04-0977,656221,93334.992.87222,873
2025-04-08144,534306,10647.222.76398,914
2025-04-07106,030350,51630.252.76292,643
2025-04-04119,596412,90028.962.91348,024
2025-04-0379,284198,62739.923.16250,537
2025-04-0282,592184,94044.663.32274,205
2025-04-01176,869346,99350.973.25574,824
2025-03-31180,502425,46642.423.26588,437
2025-03-2833,631179,34018.753.36113,000
2025-03-2799,254266,48037.253.39336,471
2025-03-26127,823292,07843.763.35428,207
2025-03-2565,518254,73925.723.56233,244
2025-03-2497,386309,45631.473.59349,616
2025-03-2160,521306,97919.723.49211,218
2025-03-20186,381627,14329.723.49650,470
2025-03-1962,867127,06449.483.56223,807
2025-03-1871,527173,02241.343.58256,067
2025-03-1769,256196,03835.333.62250,707
2025-03-1445,935111,73941.113.65167,663
2025-03-1376,317176,94343.133.62276,268
2025-03-1262,962256,92424.513.73234,848
2025-03-11111,376207,73353.613.62403,181
2025-03-10203,370407,40849.923.66744,334
2025-03-07154,588349,97744.173.81588,980
2025-03-0659,400145,00440.963.82226,908
2025-03-0580,741146,71655.033.9314,890
2025-03-04146,565284,39651.543.88568,672
2025-03-03105,711395,32926.744.04427,072
2025-02-2874,830142,13952.654.09306,055
2025-02-2783,740176,63747.414.19350,871
 
Total36,065,849107,113,73233.673.13112,773,856
 
* Totals include all data records back to 2022-05-05 00:00:00, data set is truncated for viewing.

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