Squeeze Potential in IREN
IREN has climbed to the top of the short squeeze leaderboard, boasting a squeeze score of 94. With 24.5% of its float currently sold short, the stock is highly sensitive to any positive price momentum that could force a rapid covering of positions. While the current annualized borrow fee remains relatively low at 0.7%, the high concentration of short interest combined with a days-to-cover ratio of 1.4 suggests that the stock is primed for volatility. Investors should monitor the stock for any sudden shifts in borrow availability or price action that could trigger a squeeze.
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.