Short Squeeze Trigger Price
BUYINS.NET To Surveil Short Sellers and Market Makers
• Approximately 12.28 Million Total Shares Shorted Since November 2018
• Short Squeeze Expected When Stock Exceeds $1.68 SqueezeTrigger
YayYo, Inc. (“YayYo” or “the Company”) (NASDAQ:YAYO), a leading provider of vehicles to the rideshare industry, through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, today announced that BUYINS.NET,http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on YayYo after releasing the latest short sale data through December 27, 2019. The total aggregate number of shares shorted since November 2019 is approximately 12.28 million shares. Approximately 43.39% of daily trading volume is short selling. The SqueezeTrigger price for all YAYO shares shorted is $1.68. A short squeeze is expected to begin when shares of YAYO cross above this level.
- View Report: http://www.buyins.com/reports/yayo12-28-19.pdf
- View Squeeze Trigger: http://www.buyins.com/images2/yayostr12-28-19.JPG
- View Friction Factor: http://www.buyins.com/images2/yayoff12-28-19.JPG
- View detailed explanation: http://www.buyins.com/brochure.pdf
Friction Factor calculates if a fair market is being made in the shares of YAYO. 28% of the previous 29 trading days have been positive or bullish-biased and 72% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer but does not also post at or near the best bid, the market-maker’s activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors YAYO market-makers daily for compliance with Fair Market-Making Requirements.
BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations.