$SERV ⚡ Squeeze Update
Borrow availability shifted again today while price was pushed lower. Public daily borrow data currently shows 450K shares available at an 8.71% borrow fee, down from 1.2M available yesterday, which points to borrow supply tightening on the latest snapshot rather than easing.
Dark pool / off-exchange activity increased: Today’s off-exchange / dark pool volume is 1,267,498 shares, or 56.22% of total volume, above the 30-day average of 53.63%. Lit volume is only 43.78%.
Short Interest
Total % Short Float: 28.85%
Shares Short: 21,209,374
Days to Cover: 4.2
Short Interest Change: -0.99% from prior report
Price / Volume
Price: $6.97
Change: -$0.475 / -6.38%
Intraday range: $6.925 – $7.50
Volume: 5.12M
GVM Read:
Short pressure remains elevated with nearly 29% of the float short, 21M shares short, and 4.2 days to cover. Off-exchange volume is running above the 30-day average, showing a heavier dark-pool footprint while price is under pressure.
Bottom line:
SERV is still in a high-watch squeeze zone, but today’s action looks like controlled pressure/liquidity management. A reclaim with volume is still the trigger.