Sep. 30 at 12:36 AM
$WTO SI over 11% and days to cover just over 9 days🤔
AI Overview
Short Interest:
A good short interest for a potential squeeze is considered high, often meaning over 15-20% of the float is short, with over 10% of the float short being a solid indicator and over 20% potentially signaling a highly susceptible situation. A high "days to cover" ratio, where short interest divided by average daily trading volume is over 8+ days, also indicates a higher squeeze risk, as it takes longer for short sellers to exit their positions.
