Both the New York Stock Exchange and the Nasdaq reported that short interest rose in the latter part of May, by 1% on the NYSE and by 3.6% on the Nasdaq.
If the short-sellers have made a wrong bet, it could some create some short-squeeze opportunities, which cause stocks to rise sharply when short-sellers quickly buy in shares of stock to cover their positions.
The ratio for measuring short-squeeze opportunities is the short ratio, which is the number of days it would take the short sellers to cover their position based on recent average daily volume.
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