Short squeeze is starting in shares of UPST at $62.59, after crossing above the $62.03 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 Upstart Holdings, Inc. (UPST), 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 Upstart Holdings, Inc. at $62.59, after crossing above the $62.03 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	3,204,028	6,081,420	52.69	58.13	186,250,148
2025-06-20	3,104,812	6,412,561	48.42	58.23	180,793,203
2025-06-18	5,573,284	10,866,025	51.29	58.13	323,974,999
2025-06-17	1,877,149	3,750,010	50.06	53.29	100,033,270
2025-06-16	2,419,103	4,550,120	53.17	54.09	130,849,281
2025-06-13	2,205,120	5,601,183	39.37	52.58	115,945,210
2025-06-12	2,052,479	4,514,905	45.46	55.81	114,548,853
2025-06-11	3,341,153	7,733,837	43.2	59.24	197,929,904
2025-06-10	2,321,586	5,341,324	43.46	57.37	133,189,389
2025-06-09	3,005,073	6,213,931	48.36	56.5	169,786,625
2025-06-06	2,420,118	5,147,839	47.01	53.97	130,613,768
2025-06-05	2,283,813	4,984,502	45.82	52.06	118,895,305
2025-06-04	1,982,949	3,996,394	49.62	50.48	100,099,266
2025-06-03	2,643,324	5,412,673	48.84	49.58	131,056,004
2025-06-02	1,758,352	3,484,265	50.47	47.47	83,468,969
2025-05-30	1,858,353	3,720,877	49.94	46.48	86,376,247
2025-05-29	1,786,912	3,756,546	47.57	46.9	83,806,173
2025-05-28	1,790,401	3,949,504	45.33	46.81	83,808,671
2025-05-27	2,393,248	4,731,216	50.58	46.98	112,434,791
2025-05-23	2,036,773	4,764,345	42.75	44.59	90,819,708
2025-05-22	1,847,327	3,364,108	54.91	45.31	83,702,386
2025-05-21	3,057,559	5,463,231	55.97	44.88	137,223,248
2025-05-20	2,325,135	4,765,153	48.79	46.81	108,839,569
2025-05-19	1,964,185	4,276,544	45.93	47.15	92,611,323
2025-05-16	2,388,465	4,810,990	49.65	47.75	114,049,204
2025-05-15	3,142,345	7,060,024	44.51	48.3	151,775,264
2025-05-14	3,819,369	6,788,420	56.26	52.42	200,211,323
2025-05-13	3,591,138	6,934,175	51.79	53.87	193,454,604
2025-05-12	3,133,105	9,627,602	32.54	52.66	164,989,309
2025-05-09	3,776,375	7,008,674	53.88	46.8	176,734,350
2025-05-08	4,871,412	11,673,053	41.73	48.65	236,994,194
2025-05-07	11,577,215	23,883,691	48.47	45.89	531,278,396
2025-05-06	6,717,831	11,568,161	58.07	50.86	341,668,885
2025-05-05	5,534,900	10,253,620	53.98	51.56	285,379,444
2025-05-02	3,399,499	7,594,409	44.76	50.81	172,728,544
2025-05-01	2,506,249	4,890,142	51.25	48.73	122,129,514
2025-04-30	2,151,654	4,518,422	47.62	47.13	101,407,453

Total	3,351,823,565	7,618,564,680	44	62.03	207,899,550,122

* Totals include all data records back to 2020-12-17 00:00:00, data set is truncated for viewing.