Squeeze Radar: Covering Rallies, Caught in the Act
Short squeezes in two honesty tiers. Confirmed: rallies where FINRA filings prove the shorts left — short interest was big, fell hard, and the price ran, all between the same two settlements. Live candidates: heavily-shorted names rising on unusual volume right now, where covering is inferred until the next filing prints. Built on the Short Interest & Squeeze Watch base — whose study says the typical high-SI stock goes nowhere; this page hunts the ~6% that don't.
Radar status
12 live squeeze candidates on the radar — led by CAPR (35.0% of shares short, +53.8% over 10 sessions on 2.8× volume) — 5 show shorts still adding and 6 have an estimated short base below today’s price. 6 covering rallies were confirmed by the July 31, 2026 settlement filings. Across the last 12 settlements, an average of 4.3 rallies per period met the confirmed bar.
Sources, methodology & freshnessLast updated 2026-08-21 · Open ↓Close ↑
Heavily-shorted names (15%+ of shares) rising 10%+ over ten sessions on 1.5×+ volume.
FDMT has the clearest combined exit pressure: 21.1% short, 17.7 days to cover, and its estimated short base is 77% underwater. This is a watchlist, not a buy signal; the base rate for a +50% quarter among the highest-SI names is only ~6%.
Where is the exit pressure concentrated?
High short interest supplies potential buyers, but days to cover tells you whether those buyers can exit quietly. The most combustible setups sit toward the upper-right: a thick short base paired with a slow exit. Bubble size adds today's participation; color shows whether shorts were pressing, holding, or covering at the last few settlements.
Shorts under pressure — big base, fresh momentum, unusual volume
Ranked by composite score (short interest × momentum × volume spike). Most of these are not squeezes yet — the phase column says what the shorts were doing through the last few settlements: pressing (adding into the rally — fuel building), holding, or already covering. The purple dashed line on each chart is the estimated average entry of the standing short base — each period's SI additions weighted by that period's average price. Price above the line means the book is underwater; that, not momentum alone, is what makes a squeeze. An estimate by construction — covering order is unknowable. The next filing is the referee.
| Symbol | SI % shares | 10-session move | Volume vs norm | Days to cover | Shorts' phase | Score |
|---|---|---|---|---|---|---|
| CAPR | 35.0% | +53.8% | 2.8× | 2.1 | pressing +37% | 149 |
| ASST | 35.5% | +46.0% | 1.6× | 8.0 | pressing +35% | 85 |
| ABCL | 16.1% | +63.3% | 2.3× | 9.7 | pressing +8% | 62 |
| OMER | 21.7% | +45.4% | 1.9× | 9.9 | covering -15% | 61 |
| PURR | 19.5% | +55.4% | 1.9× | 2.8 | pressing +70% | 57 |
| FDMT | 21.1% | +47.3% | 1.7× | 17.7 | covering -7% | 53 |
| BKKT | 25.3% | +14.1% | 1.8× | 6.3 | holding +5% | 51 |
| CRMD | 20.7% | +10.2% | 1.9× | 17.1 | pressing +12% | 44 |
| TEM | 19.2% | +39.7% | 1.6× | 5.9 | covering -13% | 43 |
| GO | 24.1% | +17.1% | 1.5× | 10.3 | covering -9% | 43 |
| KURA | 15.1% | +24.2% | 1.6× | 11.8 | covering -10% | 31 |
| SMCI | 15.3% | +19.6% | 1.6× | 1.8 | covering -5% | 29 |
Inspect a live candidate — price, volume, and the short base
Each candidate's recent tape against its own short-interest history (amber line, right scale, one dot per bi-monthly settlement). The dashed amber segment extends the last known SI print to today — a reminder that positioning data always lags the candles. Volume bars shade the base.
Capricor Therapeutics, Inc. Co
The true squeezes — major unwinds over the trailing year
The pattern experienced traders mean by “a real squeeze”: short interest that peaked at 15%+ within the last year and has since been cut by 40% or more while the price rose — SI at 10% today that was 30% a year ago. These are covering journeys measured across many settlements, ranked by how much of the short base is already gone. The charts show ~a year of candles with the whole unwind drawn on them.
LXP Industrial Trust
Fresh covering — confirmed by the latest filings
Between the July 15, 2026 and July 31, 2026 settlements: short interest started at 10%+ of shares, fell 15%+, and the price rose 15%+ over the same stretch. These rallies were partly mechanical — shorts buying to exit — which means that bid is now spent.
How often does the fresh-covering bar fire?
Confirmed covering rallies per settlement period over the last 12 — the honest base rate for this page's strictest signal.
Heavily-shorted names (15%+ of shares) rising 10%+ over ten sessions on 1.5×+ volume.
FDMT has the clearest combined exit pressure: 21.1% short, 17.7 days to cover, and its estimated short base is 77% underwater. This is a watchlist, not a buy signal; the base rate for a +50% quarter among the highest-SI names is only ~6%.
How Squeeze Radar Works
- 1Start from the short-interest baseEvery stock's short interest comes from FINRA's consolidated bi-monthly settlements — the same data behind our Short Interest & Squeeze Watch page — joined to our own daily prices and volumes with split-consistent share counts.
- 2Tier 1 — confirm covering from the filingsBetween the two most recent settlements, a stock qualifies when short interest started at 10%+ of shares, fell at least 15%, and the price rose at least 15% over that same stretch. The shorts demonstrably left while the price ran — a covering rally provable from filings, not inferred.
- 3Tier 2 — infer live candidates from the tapeSince the latest settlement (always ~2 weeks stale), a stock qualifies when it still carries 15%+ short interest and has risen 10%+ over the trailing 10 sessions on volume at least 1.5x its preceding 30-session average. Covering is inferred from tape action against the known short base, and labeled as inference.
- 4Rank, floor, and discloseBoth tiers apply $300M market-cap and $5 price floors. Live candidates rank by a composite of short interest x momentum x volume spike. Every table states the settlement date the positioning data comes from, because staleness is the honest caveat of this entire category.