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Does 50 % of the float being short indicate a short squeeze ? The stock also went up 25% today at the maximum , normally it is an inactive dividend play which is what I wanted. I put in a short at 10% gain on the day. Generally , what action is recommended if you are in an unintentional short squeeze ?

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  • Cramer questioned the amount of short-interest on BGS
    – Hart CO
    Jan 25, 2021 at 20:22
  • Your behavior is odd. If you care about dividends only, you hold the stock as long as you trust the company will continue/grow the dividend. Do you think that your dividend yield goes down when the price goes up? That's only for newly-bought shares. As a long-term stockholder, you will continue to get the dividend yield that you signed up for when you originally bought stock. (Assuming no dividend cut by company management). Jan 27, 2021 at 5:41
  • I collected several years dividends in a day . Then I will buy other dividend stocks or even buy back BGS at a much lower price. Jan 28, 2021 at 18:51

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The size of the float being short does not indicate that a short squeeze is occurring.

Before you can consider today's price move to be a short squeeze, you have to scan the news to see if there is a fundamental reason causing today's price move (earning release, analyst recommendation, etc.).

Determining whether it's a short squeeze or not is irrelevant to your action. Your risk management should be based on price not labels.

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  • Nothing in Yahoo financial news , stock is BGS. Jan 25, 2021 at 20:07
  • Without and substantiative news, it smells like a short squeeze. Jan 25, 2021 at 20:54
  • Twelve times normal volume. Jan 26, 2021 at 0:21
  • Given that it closed at $34.03, IMHO, a lot of smart people booked gains from $39 to $41.66 Jan 26, 2021 at 0:29

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