Short squeeze analysis of Cerence (CRNC) shows bullish signs for stock price
From Nasdaq: 2025-01-03 15:49:00
A short squeeze occurs when stocks rapidly rise, forcing short sellers to cover their bearish positions. Attributes of a short squeeze include high short interest, small float, bullish catalysts, price gaps, and high volume. An example is Cerence (CRNC) with 17% short interest and news of collaboration with Nvidia, causing a 30% gap up.
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Read more at Nasdaq: CRNC Short Squeeze Analysis (5 Attributed to Look for)