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 Trupanion, Inc. (TRUP), 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 Trupanion, Inc. at $55.91, after crossing above the $50.569 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
2025-08-07	345,052	844,893	40.84	48.66	16,790,230
2025-08-06	179,160	443,956	40.36	48.53	8,694,635
2025-08-05	225,556	584,108	38.62	48.12	10,853,755
2025-08-04	201,673	570,608	35.34	47.08	9,494,765
2025-08-01	220,568	551,932	39.96	46.36	10,225,532
2025-07-31	168,186	427,515	39.34	47.74	8,029,200
2025-07-30	176,919	409,999	43.15	47.69	8,437,267
2025-07-29	184,996	445,001	41.57	48.64	8,998,205
2025-07-28	154,933	407,480	38.02	49.51	7,670,733
2025-07-25	94,571	300,702	31.45	49.71	4,701,124
2025-07-24	160,413	450,047	35.64	49.1	7,876,278
2025-07-23	170,528	558,110	30.55	50.84	8,669,644
2025-07-22	237,451	529,570	44.84	50.13	11,903,419
2025-07-21	127,215	278,505	45.68	50.12	6,376,016
2025-07-18	182,949	503,113	36.36	51.23	9,372,477
2025-07-17	135,444	337,501	40.13	50.76	6,875,137
2025-07-16	231,626	496,184	46.68	50.21	11,629,941
2025-07-15	172,652	350,216	49.3	50.12	8,653,318
2025-07-14	389,408	649,524	59.95	50.74	19,758,562
2025-07-11	170,516	392,992	43.39	49.75	8,483,171
2025-07-10	175,902	532,338	33.04	50.97	8,965,725
2025-07-09	350,260	726,703	48.2	52.61	18,427,179
2025-07-08	177,000	525,876	33.66	52.45	9,283,650
2025-07-07	297,627	639,059	46.57	52.03	15,485,533
2025-07-03	222,588	630,464	35.31	52.98	11,792,712
2025-07-02	253,951	663,804	38.26	52.57	13,350,204
2025-07-01	370,524	758,936	48.82	54.65	20,249,137
2025-06-30	421,366	790,909	53.28	55.5	23,385,813
2025-06-27	564,498	1,424,388	39.63	56.22	31,736,078
2025-06-26	283,323	585,769	48.37	56.24	15,934,086
2025-06-25	161,036	335,573	47.99	55.83	8,990,640
2025-06-24	106,795	284,030	37.6	56.5	6,033,918
2025-06-23	133,709	348,124	38.41	55.96	7,482,356
2025-06-20	238,915	696,539	34.3	56.03	13,386,407
2025-06-18	179,428	394,772	45.45	54.51	9,780,620
2025-06-17	258,438	625,095	41.34	53.2	13,748,902
2025-06-16	165,959	390,212	42.53	52.53	8,717,826

Total	330,820,293	748,879,942	44.18	50.57	16,728,704,088

* Totals include all data records back to 2020-08-10 00:00:00, data set is truncated for viewing.