The Mechanics of the Squeeze Score
The Tapeboard Short Squeeze Score is a 0-100 composite metric designed to rank US-listed equities based on their short-side pressure. By aggregating inputs such as short interest as a percentage of float, borrow fees, float utilization, and days to cover, it offers a more nuanced view than looking at any single metric in isolation.
Why Composite Metrics Matter
Because official short interest data is published with a significant lag, composite scores that incorporate real-time borrow fees and daily short volume are essential for modern forensic analysis. A high squeeze score does not necessarily predict a price move, but it does indicate that a stock is 'crowded' and potentially sensitive to news or market shifts that could trigger a short squeeze.
Key Takeaways
- Squeeze scores are composite metrics, not directional forecasts.
- Inputs include both stale (FINRA SI) and real-time (IBKR borrow) data.
- A score of 70+ indicates multiple squeeze conditions are present.
The Bottom Line
For analysts tracking short-side risk, composite squeeze scores are a vital tool for identifying stocks where the 'cost of carry' and short positioning have reached extreme levels.
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.