Aug. 16 at 2:24 AM
$NCNA HIGH SHORT INTEREST, HARD TO BORROW, SSR TRIGGERED, imagine if we get good news soon 😂😁
Yes, a stock exhibiting those characteristics (hard to borrow, high short interest, and on SSR) can indeed squeeze, and these factors actually contribute to a higher potential for a squeeze.
Here's why:
High Short Interest: When a significant portion of a company's shares are shorted (meaning investors are betting the stock price will fall), it creates a pool of potential buyers if the stock starts to rise.
Hard to Borrow (HTB): A limited supply of shares available for shorting can intensify the squeeze. When shorts need to cover, there are fewer shares available to buy, increasing demand and price pressure, according to tradezero. Hard-to-borrow stocks often incur higher fees, further pressuring short sellers to cover.
