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 Cadeler A/S (CDLR), 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 Cadeler A/S at $21.005, after crossing above the $20.805 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
2025-07-11	20,219	41,948	48.2	20.37	411,861
2025-07-10	16,015	38,514	41.58	20.01	320,460
2025-07-09	22,299	39,502	56.45	19.86	442,858
2025-07-08	39,743	62,316	63.78	19.77	785,719
2025-07-07	29,001	51,502	56.31	19.8	574,220
2025-07-03	25,368	36,998	68.57	20.14	510,912
2025-07-02	112,696	266,026	42.36	19.68	2,217,857
2025-07-01	122,574	187,691	65.31	20.58	2,522,573
2025-06-30	43,790	79,710	54.94	19.86	869,669
2025-06-27	183,267	612,306	29.93	20.29	3,718,487
2025-06-26	23,492	93,981	25	20.34	477,827
2025-06-25	35,201	76,236	46.17	20.94	737,109
2025-06-24	55,011	99,136	55.49	21.25	1,168,984
2025-06-23	75,576	161,295	46.86	20.8	1,571,981
2025-06-20	46,372	86,638	53.52	20.91	969,639
2025-06-18	11,316	30,338	37.3	21.24	240,352
2025-06-17	26,733	58,909	45.38	21.6	577,433
2025-06-16	24,888	45,966	54.14	21.98	547,038
2025-06-13	24,254	45,005	53.89	21.74	527,282
2025-06-12	13,588	27,140	50.07	22.01	299,072
2025-06-11	10,443	26,178	39.89	21.83	227,971
2025-06-10	16,757	25,807	64.93	21.65	362,789
2025-06-09	25,823	41,295	62.53	21.45	553,903
2025-06-06	9,746	22,309	43.69	21.27	207,297
2025-06-05	25,807	55,255	46.71	21.01	542,205
2025-06-04	8,041	25,211	31.89	20.67	166,207
2025-06-03	11,867	47,635	24.91	20.43	242,443
2025-06-02	12,283	50,993	24.09	20.06	246,397
2025-05-30	16,702	41,922	39.84	20.06	335,042
2025-05-29	11,074	26,209	42.25	19.66	217,715
2025-05-28	32,882	63,931	51.43	19.72	648,433
2025-05-27	20,521	51,170	40.1	19.59	402,006
2025-05-23	16,537	45,494	36.35	19.7	325,779
2025-05-22	26,189	55,640	47.07	18.95	496,282
2025-05-21	52,395	123,970	42.26	19.32	1,012,271
2025-05-20	32,432	64,301	50.44	20.05	650,262
2025-05-19	23,742	42,219	56.24	19.5	462,969

Total	11,008,550	29,425,333	37.41	20.8	229,019,838

* Totals include all data records back to 2023-12-22 00:00:00, data set is truncated for viewing.