Elevated Squeeze Potential
Cipher Mining (CIFR) has entered the top tier of short-interest rankings with a squeeze score of 87.5. The current short interest stands at 21.7% of the float, reflecting a significant bearish bet on the company's near-term performance. The days-to-cover ratio of 1.8 indicates that the position is relatively liquid, but the high percentage of float shorted makes it susceptible to rapid price swings.
Borrowing Environment
Currently, the borrow fee for CIFR is 0.4%. While this is not indicative of an immediate supply crunch, the high short interest suggests that any positive news could force a quick exit from these positions. Traders should monitor the daily short volume flow to see if the bearish pressure is intensifying or if the current open interest is beginning to stabilize.
Signal data sourced from Tapeboard. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.