Price & Market BehaviorExtended setexperimental liveNew

Days To Cover Squeeze Long

Updated dailyData needs: lowlong only
paper
2002
Source
Sustained-short-volume squeeze proxy. FINRA daily short volume is used as a robust short-pressure proxy (literal days-to-cover requires short-interest data not in this feed). Related: D'Avolio, G. (2002). "The market for borrowing stock." JFE 66, 271-306; Lamont, O.A., Stein, J.C. (2004). "Aggregate Short Interest and Market Valuations." AER P&P, 94(2), 29-32.
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In plain terms

When an unusually large share of a stock's recent trading volume is short (high for that stock versus its own past year) and the price is starting to reverse upward, you have a squeeze setup. Go long for 1-4 weeks.

How it works

When a ticker's trailing-21d mean short_pct sits in the top quintile of its own trailing-252d distribution, an unusually large share of recent volume is short relative to that name's norm, so a price reversal can force shorts to cover into a thin tape. Combined with a price-reversal cue (price > 5 sessions ago AND > 20-day MA), the LONG side captures the cover-driven move up. An own-history quantile (not an absolute threshold) is used because absolute short_pct runs ~0.40-0.55 for nearly all liquid names and so has no discriminating power.

Live results

83 times picked on its own · 450 times inside a blend (335 beat the stock) · updated 2026-06-06
This strategy is a frequent ingredient in blends that combine a few strategies on one stock. It has contributed to 450 such blended picks (335 of which beat simply holding the stock). Picking it on its own is only one of the ways it shows up.
How its picks scored vs. buy & hold
Each pick is graded on a recent year it was never tuned on, against simply owning the same stock
Where its edge concentrates
Share of picks in each company-size group that beat buy & hold
How often it trades
Active vs. patient. Bars on the left mean it waits for rare setups; bars on the right mean it trades often
Return vs. buy & hold
How much each pick beat or trailed simply owning the stock over the test year (extreme microcap moves trimmed)
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Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • Finra short volume

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

Reported return
100-300 bps over 5-20d
Tested over
T+1 to T+20d

100-300 bps over 5-20d on confirmed-reversal high-DTC squeezes.

Example tickers where this is likely to fire

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

Explore Days To Cover Squeeze Long on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more