Bearish Momentum in Figma
Figma (FIG) continues to attract significant short interest, with recent data showing a five-percentage-point jump in short interest as a percentage of free float to 30.8%. This breakout into high double-digits follows a gradual increase observed since February.
Squeeze Risk Indicators
Days-to-cover for Figma has risen to 4.2, a record high for the name. This shift in the lending market, combined with the increased short interest following Q1 results, indicates that the cost of maintaining these positions is rising. Market participants should watch for potential squeeze signals as the stock remains heavily targeted by short sellers.
Signal data sourced from Yahoo Finance. 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.