This chart highlights key movements in RILY's stock with changes in short interest and trading volume serving as focal points. Initially, short interest grew from 4 million to 11 million from the start of November to the end of December, indicating increasing bearish sentiment. However, a notable shift occurred in February, with a slight decrease in short interest to 10.4 million, suggesting a potential reversal and a short squeeze setup.
Comment:
We have a bit more upside to go, but the moove is almost over. We had a great squeeze