Short squeeze is starting in shares of NOA at $16.305, after crossing above the $16.15 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 North American Construction Group Ltd. (NOA), 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 North American Construction Group Ltd. at $16.305, after crossing above the $16.15 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	29,516	56,014	52.69	15.83	467,238
2025-05-08	39,605	80,951	48.92	15.93	630,908
2025-05-07	42,629	61,739	69.05	15.76	671,833
2025-05-06	58,391	97,947	59.61	15.66	914,403
2025-05-05	22,176	54,002	41.07	15.42	341,954
2025-05-02	25,456	72,491	35.12	15.65	398,386
2025-05-01	53,131	128,035	41.5	15.42	819,280
2025-04-30	33,543	79,423	42.23	15.09	506,164
2025-04-29	27,267	82,618	33	15.29	416,912
2025-04-28	23,025	94,526	24.36	15.32	352,743
2025-04-25	17,459	70,326	24.83	15.35	267,996
2025-04-24	32,396	66,953	48.39	15.27	494,687
2025-04-23	43,742	82,212	53.21	15.49	677,564
2025-04-22	27,851	56,875	48.97	15.32	426,677
2025-04-21	43,983	61,601	71.4	15.19	668,102
2025-04-17	44,239	85,309	51.86	15.31	677,299
2025-04-16	46,027	82,216	55.98	15.16	697,769
2025-04-15	46,845	89,965	52.07	14.75	690,964
2025-04-14	46,523	118,937	39.12	14.41	670,396
2025-04-11	35,680	92,393	38.62	13.93	497,022
2025-04-10	77,698	153,346	50.67	13.92	1,081,556
2025-04-09	69,787	161,006	43.34	14.41	1,005,631
2025-04-08	115,143	192,979	59.67	13.86	1,595,882
2025-04-07	106,105	171,901	61.72	13.96	1,481,226
2025-04-04	131,173	198,759	66	14.47	1,898,073
2025-04-03	68,559	151,995	45.11	15.9	1,090,088
2025-04-02	17,647	72,293	24.41	16.1	284,117
2025-04-01	28,197	84,330	33.44	15.95	449,742
2025-03-31	20,072	43,007	46.67	15.82	317,539
2025-03-28	25,919	60,689	42.71	16.04	415,741
2025-03-27	39,521	112,914	35	16.3	644,192
2025-03-26	33,556	97,028	34.58	16.94	568,439
2025-03-25	43,491	139,792	31.11	16.31	709,338
2025-03-24	74,653	169,440	44.06	16.38	1,222,816
2025-03-21	32,438	113,067	28.69	16.33	529,713
2025-03-20	71,390	236,820	30.15	16.52	1,179,363
2025-03-19	50,374	103,670	48.59	17.36	874,493

Total	29,054,985	76,880,263	37.79	16.17	469,929,733

* 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 NOA at $16.305, after crossing above the $16.15 Trigger Price