lauralea

Alternate Bat/Bearish

Short
NASDAQ:ICPT   None
Short interest is a bit over 45% depending on where you look.

Some would calculate targets at these levels.
Bearish Harami right now that can change by close.

When short is this high, sometimes it can cause a squeeze. Not a frequent occurrence but it does happen.

No recommendation.


A short squeeze occurs when a stock moves higher and short sellers decide to cover their short positions or are forced to do so via margin calls. As these short sellers buy the stock, the price rises, potentially creating a situation in which more shorts have to cover.
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