Jul. 27 at 3:11 PM
$NEGG Here's some interesting year over year Ortex data.
The DTC is higher than August and October 2025, when the stock popped off. Typically the DTC crashes before the highest highs transpire.
Short interest is on the rise, but short interest % of FreeFloat seems low compared to the high of 1,000%+. 29.54 is still high, just not Galkin buying hand over fist high.
Cost to borrow seems way low from the 800%+ highs in October, but it's been on the rise since late May after bottoming out. Even though it's reported as 28.82%, today it's 38.51% on avg. Short Interest has also been rising, along with shares on loan and short interest value since late May.
Due to this, of this has pushed the Ortex "Short Score" up to 84.7%, higher than it was during the August / October when this squeezed, for whatever that is worth.
Overall, it'll be interesting where it goes from here, but it looks like a reversal in terms of short interest metrics.
