Squeeze Potential
Innoviva (INO) has emerged as the primary candidate for a short squeeze, according to recent market data. With a squeeze score of 92.8, the stock is seeing significant bearish pressure. The short interest as a percentage of float stands at 22.2%, with a borrow fee of 22.1%.
Market Conditions
High borrow fees combined with a low days-to-cover ratio of 0.8 suggest that any positive price catalyst could force a rapid covering event. Traders are advised to watch for further spikes in borrow costs, which would indicate a tightening of available shares for short sellers.
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.