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Short squeeze is starting in shares of ELDN at $3.135, 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 $3.135, 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
2025-06-0268,650244,19728.113.09212,129
2025-05-3044,294184,92623.953.02133,768
2025-05-29107,253217,22549.373.15337,847
2025-05-2838,262135,60028.223.17121,291
2025-05-27150,018406,44936.913.19478,557
2025-05-2375,107175,43042.813.05229,076
2025-05-2262,277186,69433.363.1193,059
2025-05-2176,644186,43341.113.11238,363
2025-05-2065,343178,90036.523.07200,603
2025-05-1987,291277,92231.413.05266,238
2025-05-1645,322134,65033.662.91131,887
2025-05-1568,461176,61138.762.89197,852
2025-05-14108,601240,73445.112.92317,115
2025-05-13128,381300,28142.752.98382,575
2025-05-1260,790191,52231.742.93178,115
2025-05-0937,960328,20511.573113,880
2025-05-0894,522198,51547.613.21303,416
2025-05-0772,413266,29927.192.93212,170
2025-05-0679,417189,69241.872.96235,074
2025-05-0543,000108,14539.763.18136,740
2025-05-0228,91996,11230.093.3596,879
2025-05-0149,434113,99543.373.3163,132
2025-04-3031,829103,06730.883.2101,853
2025-04-2921,74061,88435.133.2971,525
2025-04-2847,793104,58245.73.25155,327
2025-04-2544,78289,61449.973.27146,437
2025-04-2460,206131,74945.73.33200,486
2025-04-2398,574240,00141.073.43338,109
2025-04-22155,603377,21641.253.28510,378
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
 
Total38,119,295112,760,38233.813.13119,179,433
 
* Totals include all data records back to 2022-05-05 00:00:00, data set is truncated for viewing.

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