Short squeeze is starting in shares of FENC at $7.41, after crossing above the $7.367 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 Fennec Pharmaceuticals Inc. (FENC), 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 Fennec Pharmaceuticals Inc. at $7.41, after crossing above the $7.367 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
2025-05-16	23,185	85,335	27.17	6.76	156,731
2025-05-15	22,584	68,609	32.92	6.45	145,667
2025-05-14	24,587	57,514	42.75	6.44	158,340
2025-05-13	26,546	85,180	31.16	6.35	168,567
2025-05-12	36,483	78,283	46.6	6.27	228,748
2025-05-09	21,013	43,618	48.18	6.05	127,129
2025-05-08	57,187	81,930	69.8	6.29	359,706
2025-05-07	12,375	28,368	43.62	6.09	75,364
2025-05-06	24,082	37,941	63.47	6.02	144,974
2025-05-05	41,413	89,970	46.03	6.35	262,973
2025-05-02	28,077	63,295	44.36	6.33	177,727
2025-05-01	41,516	66,463	62.46	6.05	251,172
2025-04-30	17,891	66,346	26.97	6.15	110,030
2025-04-29	20,365	41,703	48.83	6.16	125,448
2025-04-28	23,172	49,657	46.66	5.84	135,324
2025-04-25	10,113	22,745	44.46	5.63	56,936
2025-04-24	31,475	46,685	67.42	5.61	176,575
2025-04-23	19,755	39,975	49.42	5.64	111,418
2025-04-22	16,467	43,571	37.79	5.38	88,592
2025-04-21	26,178	53,535	48.9	5.17	135,340
2025-04-17	15,721	38,380	40.96	5.08	79,863
2025-04-16	16,850	33,450	50.37	5.11	86,104
2025-04-15	31,129	66,231	47	5.32	165,606
2025-04-14	23,000	54,065	42.54	5.21	119,830
2025-04-11	15,769	51,170	30.82	5.01	79,003
2025-04-10	40,805	90,520	45.08	5.03	205,249
2025-04-09	54,282	166,520	32.6	5	271,410
2025-04-08	66,259	161,488	41.03	5.13	339,909
2025-04-07	36,244	109,607	33.07	5.18	187,744
2025-04-04	69,986	172,838	40.49	5.25	367,427
2025-04-03	27,301	59,245	46.08	5.66	154,524
2025-04-02	59,594	81,936	72.73	5.78	344,453
2025-04-01	59,412	92,669	64.11	5.68	337,460
2025-03-31	35,876	112,670	31.84	6.18	221,714
2025-03-28	18,753	43,277	43.33	6.46	121,144
2025-03-27	23,245	41,990	55.36	6.44	149,698
2025-03-26	30,026	46,752	64.22	6.41	192,467

Total	58,769,033	150,366,695	39.08	7.37	432,958,544

* Totals include all data records back to 2020-05-20 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of FENC at $7.41, after crossing above the $7.367 Trigger Price