Short squeeze is starting in shares of CRDL at $1.54, after crossing above the $1.508 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 Cardiol Therapeutics Inc. (CRDL), 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 Cardiol Therapeutics Inc. at $1.54, after crossing above the $1.508 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
2025-07-02	123,188	203,792	60.45	1.38	169,999
2025-07-01	43,283	142,754	30.32	1.33	57,566
2025-06-30	120,501	209,817	57.43	1.36	163,881
2025-06-27	44,090	71,801	61.41	1.45	63,931
2025-06-26	73,838	142,717	51.74	1.44	106,327
2025-06-25	263,359	388,324	67.82	1.41	371,336
2025-06-24	62,995	126,624	49.75	1.34	84,413
2025-06-23	78,992	162,861	48.5	1.28	101,110
2025-06-20	129,361	291,506	44.38	1.27	164,288
2025-06-18	123,755	183,821	67.32	1.34	165,832
2025-06-17	148,537	193,632	76.71	1.39	206,466
2025-06-16	48,222	114,429	42.14	1.44	69,440
2025-06-13	105,227	176,468	59.63	1.46	153,631
2025-06-12	109,929	289,507	37.97	1.42	156,099
2025-06-11	66,941	171,852	38.95	1.42	95,056
2025-06-10	140,394	347,816	40.36	1.45	203,571
2025-06-09	125,936	165,014	76.32	1.42	178,829
2025-06-06	69,472	173,722	39.99	1.39	96,566
2025-06-05	263,022	496,478	52.98	1.42	373,491
2025-06-04	257,112	501,169	51.3	1.37	352,243
2025-06-03	117,923	292,350	40.34	1.28	150,941
2025-06-02	159,413	232,896	68.45	1.24	197,672
2025-05-30	72,038	115,484	62.38	1.25	90,048
2025-05-29	118,471	256,079	46.26	1.23	145,719
2025-05-28	240,432	442,852	54.29	1.23	295,731
2025-05-27	101,179	194,813	51.94	1.13	114,332
2025-05-23	91,823	194,350	47.25	1.11	101,924
2025-05-22	86,856	129,364	67.14	1.06	92,067
2025-05-21	92,347	144,742	63.8	1.08	99,735
2025-05-20	33,179	117,508	28.24	1.11	36,829
2025-05-19	55,317	78,111	70.82	1.1	60,849
2025-05-16	31,145	65,665	47.43	1.12	34,882
2025-05-15	66,015	103,942	63.51	1.08	71,296
2025-05-14	71,330	122,349	58.3	1.12	79,890
2025-05-13	45,219	125,903	35.92	1.14	51,550
2025-05-12	53,671	128,862	41.65	1.14	61,185
2025-05-09	54,392	85,176	63.86	1.13	61,463

Total	113,074,263	246,492,575	45.87	1.51	170,479,870

* Totals include all data records back to 2021-11-17 00:00:00, data set is truncated for viewing.