Short squeeze is starting in shares of NCLH at $19.84, after crossing above the $18.801 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 Norwegian Cruise Line Holdings Ltd. (NCLH), 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 Norwegian Cruise Line Holdings Ltd. at $19.84, after crossing above the $18.801 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
2025-06-23	16,873,140	33,390,124	50.53	18.11	305,572,565
2025-06-20	8,818,005	20,738,673	42.52	18.83	166,043,034
2025-06-18	8,256,153	12,940,481	63.8	18.32	151,252,723
2025-06-17	8,082,317	14,586,389	55.41	18.29	147,825,578
2025-06-16	8,014,109	13,957,505	57.42	18.46	147,940,452
2025-06-13	9,468,573	17,215,916	55	17.93	169,771,514
2025-06-12	6,540,404	10,800,137	60.56	18.72	122,436,363
2025-06-11	9,187,531	16,742,827	54.87	19.34	177,686,850
2025-06-10	6,998,726	13,302,531	52.61	19.69	137,804,915
2025-06-09	8,385,002	15,346,062	54.64	19.73	165,436,089
2025-06-06	7,195,865	15,768,305	45.63	19.56	140,751,119
2025-06-05	13,544,109	27,458,031	49.33	19.38	262,484,832
2025-06-04	6,029,210	17,460,875	34.53	18.3	110,334,543
2025-06-03	5,959,790	14,664,647	40.64	18.13	108,050,993
2025-06-02	5,055,717	11,925,915	42.39	17.51	88,525,605
2025-05-30	5,442,995	10,715,536	50.8	17.62	95,905,572
2025-05-29	4,191,854	10,810,381	38.78	17.59	73,734,712
2025-05-28	5,548,923	12,599,868	44.04	17.68	98,104,959
2025-05-27	6,824,811	17,554,122	38.88	18.07	123,324,335
2025-05-23	3,131,214	8,847,898	35.39	17.27	54,076,066
2025-05-22	4,756,352	13,955,726	34.08	17.32	82,380,017
2025-05-21	5,218,971	17,648,103	29.57	17.48	91,227,613
2025-05-20	7,159,707	16,189,758	44.22	18.29	130,951,041
2025-05-19	7,233,623	16,540,005	43.73	18.84	136,281,457
2025-05-16	5,519,080	12,486,479	44.2	19.25	106,242,290
2025-05-15	4,903,728	13,765,222	35.62	19.11	93,710,242
2025-05-14	8,515,000	18,091,343	47.07	19.5	166,042,500
2025-05-13	11,347,986	23,398,526	48.5	19.33	219,356,569
2025-05-12	11,105,380	24,653,116	45.05	19.07	211,779,597
2025-05-09	4,999,554	11,825,857	42.28	17.7	88,492,106
2025-05-08	7,031,893	16,144,902	43.55	17.85	125,519,290
2025-05-07	4,838,204	9,624,759	50.27	17.37	84,039,603
2025-05-06	5,372,128	12,978,893	41.39	17.2	92,400,602
2025-05-05	10,368,055	17,868,161	58.03	17.44	180,818,879
2025-05-02	10,623,775	38,283,206	27.75	17.29	183,685,070
2025-05-01	9,366,403	22,493,495	41.64	16.25	152,204,049
2025-04-30	17,709,128	36,426,004	48.62	15.78	279,450,040

Total	9,664,166,831	22,672,911,244	42.62	18.81	181,785,633,789

* Totals include all data records back to 2020-06-25 00:00:00, data set is truncated for viewing.