Sep. 30 at 11:01 PM
$NEOV 📊 Short Interest Overview
🧩 Short Squeeze Setup
A squeeze requires 3 ingredients:
1. High short interest vs. float → NEOV is at 5.62%. Not extreme but significant given the thin float.
2. High borrow costs & limited availability
3. Catalyst + high volume breakout day → With 8.35 DTC, shorts are exposed. If buying volume spikes above ~400k–500k shares/day (vs current ~120k), shorts may be forced to cover rapidly.
🔮 Short-Term Outlook
• The pressure cooker is building: DTC is high, borrow supply is tight, and dark pool shorting ratios are elevated.
• Shorts are trying to grind price lower, but every cover attempt risks triggering upward pressure.
• A “squeeze day” would feature:
• Above-average buying volume (400k–500k+ shares)
• Price jump of 15–20% intraday
If that happens, NEOV could quickly retest the
$6–7 range, aligning with analyst targets.
✅ Summary: NEOV is in a fragile spot for shorts, without a catalyst, shorts can keep pressure by feeding dark pool volume.