Short squeeze is starting in shares of NBHC at $38.61, after crossing above the $37.896 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 National Bank Holdings Corporation (NBHC), 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 National Bank Holdings Corporation at $38.61, after crossing above the $37.896 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
2025-05-09	80,344	330,719	24.29	37.04	2,975,942
2025-05-08	69,676	217,907	31.98	37.08	2,583,586
2025-05-07	86,911	165,752	52.43	36.25	3,150,524
2025-05-06	79,274	268,086	29.57	36.34	2,880,817
2025-05-05	74,435	282,083	26.39	36.58	2,722,832
2025-05-02	116,459	478,589	24.33	36.59	4,261,235
2025-05-01	115,859	435,837	26.58	36.29	4,204,523
2025-04-30	111,142	321,213	34.6	36.09	4,011,115
2025-04-29	99,926	306,387	32.61	36.32	3,629,312
2025-04-28	93,951	320,330	29.33	35.72	3,355,930
2025-04-25	150,037	398,286	37.67	35.18	5,278,302
2025-04-24	217,699	462,634	47.06	35.15	7,652,120
2025-04-23	331,464	866,074	38.27	34.69	11,498,486
2025-04-22	102,856	322,918	31.85	36.41	3,744,987
2025-04-21	243,639	574,035	42.44	35.63	8,680,858
2025-04-17	114,316	216,279	52.86	35.48	4,055,932
2025-04-16	109,731	335,899	32.67	35.18	3,860,337
2025-04-15	59,794	267,009	22.39	35.13	2,100,563
2025-04-14	162,219	491,483	33.01	34.51	5,598,178
2025-04-11	59,277	239,023	24.8	33.82	2,004,748
2025-04-10	78,132	400,862	19.49	33.86	2,645,550
2025-04-09	179,624	625,293	28.73	35.31	6,342,523
2025-04-08	90,755	408,120	22.24	34.25	3,108,359
2025-04-07	168,256	572,162	29.41	34.19	5,752,673
2025-04-04	95,490	419,955	22.74	34.04	3,250,480
2025-04-03	161,207	350,243	46.03	35.74	5,761,538
2025-04-02	67,337	271,823	24.77	38.64	2,601,902
2025-04-01	90,174	236,612	38.11	38.45	3,467,190
2025-03-31	110,011	574,406	19.15	38.28	4,211,221
2025-03-28	63,489	218,007	29.12	38.72	2,458,294
2025-03-27	48,233	177,988	27.1	39.36	1,898,451
2025-03-26	57,159	187,808	30.43	39.59	2,262,925
2025-03-25	69,246	252,666	27.41	39.53	2,737,294
2025-03-24	142,466	676,806	21.05	39.35	5,606,037
2025-03-21	213,782	2,359,722	9.06	38.87	8,309,706
2025-03-20	85,917	260,946	32.93	39.56	3,398,877
2025-03-19	92,519	217,051	42.63	39.9	3,691,508

Total	76,337,374	278,606,969	27.4	37.91	2,894,088,597

* Totals include all data records back to 2020-05-13 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of NBHC at $38.61, after crossing above the $37.896 Trigger Price