Short squeeze is starting in shares of SURG at $3.04, after crossing above the $2.96 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 SurgePays, Inc. (SURG), 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 SurgePays, Inc. at $3.04, after crossing above the $2.96 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	16,178	46,353	34.9	2.74	44,328
2025-06-20	35,565	59,872	59.4	2.76	98,159
2025-06-18	32,021	96,425	33.21	2.85	91,260
2025-06-17	33,453	50,042	66.85	2.68	89,654
2025-06-16	37,632	61,393	61.3	2.66	100,101
2025-06-13	22,735	42,032	54.09	2.62	59,566
2025-06-12	31,439	62,498	50.3	2.71	85,200
2025-06-11	66,608	145,373	45.82	2.75	183,172
2025-06-10	39,149	97,588	40.12	2.84	111,183
2025-06-09	43,538	109,482	39.77	2.76	120,165
2025-06-06	73,833	203,075	36.36	2.81	207,471
2025-06-05	38,993	106,372	36.66	2.87	111,910
2025-06-04	25,582	55,120	46.41	2.92	74,699
2025-06-03	20,672	44,823	46.12	2.92	60,362
2025-06-02	36,346	72,536	50.11	2.94	106,857
2025-05-30	72,586	119,231	60.88	2.84	206,144
2025-05-29	60,480	116,154	52.07	2.97	179,626
2025-05-28	25,174	36,911	68.2	3.05	76,781
2025-05-27	29,446	68,448	43.02	3.09	90,988
2025-05-23	48,396	81,511	59.37	3.09	149,544
2025-05-22	28,397	45,763	62.05	3.12	88,599
2025-05-21	136,029	217,802	62.46	3.04	413,528
2025-05-20	256,575	403,810	63.54	3.11	797,948
2025-05-19	74,560	141,410	52.73	2.9	216,224
2025-05-16	77,635	153,807	50.48	2.72	211,167
2025-05-15	147,317	248,732	59.23	2.66	391,863
2025-05-14	352,767	899,117	39.23	2.76	973,637
2025-05-13	624,830	934,365	66.87	3.04	1,899,483
2025-05-12	120,697	224,969	53.65	2.75	331,917
2025-05-09	52,187	114,777	45.47	2.76	144,036
2025-05-08	27,795	79,710	34.87	2.73	75,880
2025-05-07	59,110	95,901	61.64	2.64	156,050
2025-05-06	41,094	64,630	63.58	2.63	108,077
2025-05-05	36,786	163,496	22.5	2.64	97,115
2025-05-02	88,210	193,771	45.52	2.78	245,224
2025-05-01	37,780	133,021	28.4	2.93	110,695
2025-04-30	51,114	183,767	27.81	2.96	151,297

Total	231,410,289	520,480,502	44.46	2.96	685,446,019

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