DD found this stock easily meets three conditions for a short squeeze.
number of shares short is greater than 5x the average daily volume (51.9 million shares short, ADV is 10 Million)
24.56% of float are short.
Short interest has increased over 10% over the last month.
101.48% of shares owned by institutions. More than 100% of shares being owned by institutions can be indicative of short selling.
This company is hemorrhaging money, their last earnings was -453.63% off consensus.
Friday saw a 20% increase in volume and an 8.68% price gain. Days to cover – 4.86
