Jun. 15 at 12:30 AM
$PATH My scanner picked this up as a squeeze play. Would hate to be a short going into this rally.
$PATH is loaded but hasn't popped yet. Short interest data (FINRA, May 15, 2026) shows 31.3% of the float sold short—about 128.4M shares against a 410.2M float—with short interest still rising. Days to cover sits around 3.8.
Current short pressure is relatively quiet. Borrow rates have remained near 0.4%, and daily short volume hasn't been elevated.
Options flow is leaning bullish, with calls making up 55% of activity. Dealers remain short gamma, meaning a strong rally could force hedging-related buying. Price is down about 1.9% so far.
Not financial advice.
