Short squeeze is starting in shares of SAR at $24.45, after crossing above the $24.434 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 Saratoga Investment Corp. (SAR), 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 Saratoga Investment Corp. at $24.45, after crossing above the $24.434 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
2025-05-21	36,427	80,014	45.53	24.52	893,190
2025-05-20	20,649	77,542	26.63	24.67	509,411
2025-05-19	24,917	80,248	31.05	24.54	611,463
2025-05-16	38,978	112,257	34.72	24.38	950,284
2025-05-15	31,945	74,682	42.77	24.22	773,708
2025-05-14	43,387	116,619	37.2	24.07	1,044,325
2025-05-13	30,595	113,982	26.84	24.06	736,116
2025-05-12	56,790	151,371	37.52	23.85	1,354,442
2025-05-09	63,278	180,704	35.02	23.24	1,470,581
2025-05-08	203,424	391,117	52.01	22.75	4,627,896
2025-05-07	55,252	101,421	54.48	24.9	1,375,775
2025-05-06	25,992	53,713	48.39	24.76	643,562
2025-05-05	109,557	159,265	68.79	25.12	2,752,072
2025-05-02	35,866	70,523	50.86	24.91	893,422
2025-05-01	62,849	122,075	51.48	24.61	1,546,714
2025-04-30	22,513	38,712	58.16	24.31	547,291
2025-04-29	26,662	45,215	58.97	24.5	653,219
2025-04-28	45,691	79,494	57.48	24.45	1,117,145
2025-04-25	42,095	70,602	59.62	24.15	1,016,594
2025-04-24	63,059	81,219	77.64	23.99	1,512,785
2025-04-23	35,247	68,382	51.54	23.72	836,059
2025-04-22	16,161	36,480	44.3	23.49	379,622
2025-04-21	24,163	48,430	49.89	23.19	560,340
2025-04-17	20,800	50,757	40.98	23.37	486,096
2025-04-16	33,453	63,012	53.09	22.87	765,070
2025-04-15	54,072	119,102	45.4	23.02	1,244,737
2025-04-14	23,970	57,036	42.03	22.87	548,194
2025-04-11	20,540	52,432	39.17	22.39	459,891
2025-04-10	50,242	83,429	60.22	22.41	1,125,923
2025-04-09	65,203	138,714	47.01	22.15	1,444,246
2025-04-08	95,415	168,582	56.6	22.11	2,109,626
2025-04-07	114,678	243,505	47.09	22.44	2,573,374
2025-04-04	120,588	245,153	49.19	23.73	2,861,553
2025-04-03	65,549	104,138	62.94	25.21	1,652,490
2025-04-02	30,415	66,850	45.5	25.31	769,804
2025-04-01	49,385	104,295	47.35	25.39	1,253,885
2025-03-31	42,371	81,429	52.03	25.13	1,064,783

Total	31,942,039	86,492,523	36.93	24.44	780,684,721

* Totals include all data records back to 2020-05-26 00:00:00, data set is truncated for viewing.

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Short squeeze is starting in shares of SAR at $24.45, after crossing above the $24.434 Trigger Price