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 RGC Resources, Inc. (RGCO), 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 RGC Resources, Inc. at $21.45, after crossing above the $21.432 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
2025-06-20	23,003	59,047	38.96	20.46	470,641
2025-06-18	4,319	9,048	47.73	20.68	89,317
2025-06-17	4,509	17,119	26.34	20.4	91,984
2025-06-16	4,474	11,010	40.64	20.61	92,209
2025-06-13	6,464	19,132	33.79	20.39	131,801
2025-06-12	1,732	3,787	45.74	20.65	35,766
2025-06-11	2,397	8,612	27.83	20.62	49,426
2025-06-10	4,703	10,318	45.58	20.66	97,164
2025-06-09	4,267	15,738	27.11	20.5	87,474
2025-06-06	3,094	6,194	49.95	20.69	64,015
2025-06-05	4,387	11,634	37.71	20.4	89,495
2025-06-04	4,049	9,006	44.96	20.65	83,612
2025-06-03	2,293	9,334	24.57	20.63	47,305
2025-06-02	1,487	5,754	25.84	20.5	30,484
2025-05-30	2,049	7,157	28.63	20.73	42,476
2025-05-29	766	3,405	22.5	20.78	15,917
2025-05-28	2,074	6,594	31.45	20.71	42,953
2025-05-27	1,957	12,442	15.73	20.85	40,803
2025-05-23	3,318	9,148	36.27	20.96	69,545
2025-05-22	4,979	11,352	43.86	20.91	104,111
2025-05-21	2,359	6,257	37.7	21	49,539
2025-05-20	1,121	6,467	17.33	21.49	24,090
2025-05-19	3,684	13,904	26.5	21.71	79,980
2025-05-16	4,939	16,125	30.63	21.76	107,473
2025-05-15	4,091	9,872	41.44	21.78	89,102
2025-05-14	4,614	13,537	34.08	20.93	96,571
2025-05-13	2,591	9,274	27.94	21.06	54,566
2025-05-12	5,317	11,555	46.01	21.62	114,954
2025-05-09	2,840	6,717	42.28	21.7	61,628
2025-05-08	3,714	10,021	37.06	21.41	79,517
2025-05-07	3,362	6,887	48.82	21.18	71,207
2025-05-06	2,546	6,283	40.52	21.38	54,433
2025-05-05	3,793	8,073	46.98	21.13	80,146
2025-05-02	4,525	11,061	40.91	21.21	95,975
2025-05-01	4,877	11,144	43.76	20.94	102,124
2025-04-30	3,335	9,692	34.41	20.94	69,835
2025-04-29	2,821	7,363	38.31	21.14	59,636

Total	6,892,241	21,051,066	32.74	21.43	147,682,822

* Totals include all data records back to 2020-06-24 00:00:00, data set is truncated for viewing.