Photronics (PLAB) May Face Short Squeeze Following Unusual Trading Activity

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 Photronics, Inc. (PLAB), 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 Photronics, Inc. at $19.3, after crossing above the $19.26 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
2025-07-16	133,533	515,078	25.92	19.05	2,543,804
2025-07-15	182,295	463,140	39.36	19.31	3,520,116
2025-07-14	152,355	420,246	36.25	19.27	2,935,881
2025-07-11	123,347	400,236	30.82	19.53	2,408,967
2025-07-10	157,104	422,712	37.17	19.94	3,132,654
2025-07-09	167,296	462,155	36.2	19.85	3,320,826
2025-07-08	205,411	488,520	42.05	19.92	4,091,787
2025-07-07	249,951	546,203	45.76	19.44	4,859,047
2025-07-03	111,049	334,989	33.15	20.24	2,247,632
2025-07-02	241,835	651,049	37.15	20.17	4,877,812
2025-07-01	376,935	950,111	39.67	19.66	7,410,542
2025-06-30	250,113	516,581	48.42	18.84	4,712,129
2025-06-27	284,894	820,414	34.73	18.79	5,353,158
2025-06-26	138,668	370,171	37.46	19.01	2,636,079
2025-06-25	170,761	442,395	38.6	18.94	3,234,213
2025-06-24	157,836	377,662	41.79	18.89	2,981,522
2025-06-23	199,191	465,180	42.82	18.25	3,635,236
2025-06-20	306,000	887,496	34.48	18.26	5,587,560
2025-06-18	217,859	451,952	48.2	18.36	3,999,891
2025-06-17	214,625	417,231	51.44	18.47	3,964,124
2025-06-16	227,617	491,022	46.36	18.7	4,256,438
2025-06-13	334,587	653,318	51.21	18.46	6,176,476
2025-06-12	287,601	588,580	48.86	19	5,464,419
2025-06-11	484,826	1,094,939	44.28	19.14	9,279,570
2025-06-10	221,689	489,145	45.32	18.57	4,116,765
2025-06-09	288,054	624,013	46.16	18.37	5,291,552
2025-06-06	225,038	525,510	42.82	18.05	4,061,936
2025-06-05	357,159	795,850	44.88	17.89	6,389,575
2025-06-04	357,050	859,668	41.53	17.96	6,412,618
2025-06-03	420,010	971,755	43.22	17.73	7,446,777
2025-06-02	552,206	1,249,407	44.2	17.16	9,475,855
2025-05-30	575,038	1,422,246	40.43	16.85	9,689,390
2025-05-29	770,225	1,988,528	38.73	17.37	13,378,808
2025-05-28	1,472,736	3,201,890	46	17.52	25,802,335
2025-05-27	265,827	670,628	39.64	20.05	5,329,831
2025-05-23	155,396	380,581	40.83	19.45	3,022,452
2025-05-22	142,852	445,687	32.05	19.89	2,841,326

Total	244,258,877	700,140,816	34.89	19.26	4,705,195,574

* Totals include all data records back to 2020-07-20 00:00:00, data set is truncated for viewing.