Aug. 19 at 4:01 PM
lowfloatreport.com/ -
$STXS ⬆️ A 6.12 % gap straight off the bell tells us demand overwhelmed supply overnight, and when price immediately tags a
$3.05 HOD then flat-lines above the open without ever flirting with yesterday’s close, we get a textbook “gap-and-hold”; with only 74.1 M shares freely floating, every extra buy order moves the needle, so just 688 K shares (0.93 % of float) have already powered a +7.7 % session while shorts sit on 5.38 % of float and a hefty 9.06-day cover clock. 🔥
More important than the pop is the “stay-up” behavior—intraday range matches the
$0.16 ATR yet price refuses to dip below
$2.89, relative volume is 3.81× average, and we’re printing above the
$2.96 pre-market high, all signaling bulls are absorbing profit-taking and leaving bears with no easy exit; if VWAP keeps acting as a springboard and float turnover pushes toward 5-10 %, momentum traders could see a second leg higher as trapped shorts scramble into a high-of-day breakout during power hour.
