Short squeeze is starting in shares of SHOP at $113.305, after crossing above the $113.053 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 Shopify Inc. (SHOP), 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 Shopify Inc. at $113.305, after crossing above the $113.053 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	4,609,835	8,677,145	53.13	108.49	500,120,999
2025-06-20	5,235,913	10,175,538	51.46	106.92	559,823,818
2025-06-18	2,674,647	5,925,872	45.14	106.61	285,144,117
2025-06-17	2,061,561	4,862,080	42.4	107.28	221,164,264
2025-06-16	2,815,348	7,143,963	39.41	108.57	305,662,332
2025-06-13	3,253,803	7,937,460	40.99	105.88	344,512,662
2025-06-12	4,371,230	8,547,174	51.14	110.46	482,846,066
2025-06-11	8,975,420	13,983,271	64.19	114.84	1,030,737,233
2025-06-10	3,942,058	6,430,408	61.3	109.3	430,866,939
2025-06-09	3,689,044	6,894,005	53.51	108.97	401,995,125
2025-06-06	4,709,686	8,680,170	54.26	110.54	520,608,690
2025-06-05	3,511,195	11,025,002	31.85	104.97	368,570,139
2025-06-04	2,824,300	7,370,240	38.32	103.81	293,190,583
2025-06-03	3,529,871	7,199,485	49.03	105.32	371,766,014
2025-06-02	2,851,206	5,200,417	54.83	105.79	301,629,083
2025-05-30	6,013,266	11,788,277	51.01	106.56	640,773,625
2025-05-29	3,474,705	6,555,156	53.01	108.27	376,206,310
2025-05-28	3,366,839	6,674,139	50.45	107.08	360,521,120
2025-05-27	4,092,054	7,447,516	54.95	106.38	435,312,705
2025-05-23	2,751,960	5,921,836	46.47	102.13	281,057,675
2025-05-22	2,770,884	6,158,643	44.99	103.61	287,091,291
2025-05-21	4,334,830	9,059,396	47.85	103.6	449,088,388
2025-05-20	4,417,882	8,253,113	53.53	106.52	470,592,791
2025-05-19	5,734,244	9,747,215	58.83	108.53	622,337,501
2025-05-16	25,340,863	95,844,451	26.44	110.8	2,807,767,620
2025-05-15	7,550,354	13,362,858	56.5	110.39	833,483,578
2025-05-14	8,041,301	15,959,793	50.38	110.44	888,081,282
2025-05-13	7,443,993	14,431,700	51.58	107.72	801,866,926
2025-05-12	13,174,597	30,513,188	43.18	103.13	1,358,696,189
2025-05-09	4,054,148	14,792,129	27.41	91.34	370,305,878
2025-05-08	10,632,161	35,543,808	29.91	92.12	979,434,671
2025-05-07	4,160,474	13,989,879	29.74	94.9	394,828,983
2025-05-06	3,675,046	12,818,911	28.67	95.06	349,349,873
2025-05-05	3,085,182	7,618,530	40.5	98.6	304,198,945
2025-05-02	2,663,409	11,111,158	23.97	98.88	263,357,882
2025-05-01	2,482,592	8,209,697	30.24	97.47	241,978,242
2025-04-30	4,714,961	12,989,437	36.3	94.32	444,715,122

Total	5,207,015,926	11,851,322,554	43.94	112.84	587,546,495,307

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