PicoCELA Inc. Soars 118.9% on 29,900.8% Short Interest Spike
PCLA•PicoCELA Inc. shares surged 118.89% following a 29,900.80% jump in short interest. This short squeeze drove record trading volumes and extreme volatility in the stock.
1. Short Interest Surge Triggers Massive Price Jump
Short interest in PicoCELA Inc. climbed by 29,900.80%, forcing short sellers to cover positions and triggering a 118.89% share price surge. During the squeeze, the stock traded between $3.35 and $11.57, with average daily volumes spiking to several times the norm.
2. Market Mechanics Fuel Volatility and Investor Risks
The rapid buyback of shares created extreme volatility, pushing trading volumes to record levels and exposing both short sellers and momentum traders to heightened risk. Investors should monitor potential pullbacks as the short squeeze unwinds and assess liquidity conditions before entering new positions.
