Short float is 63.86% with only 0.25M shares available to borrow. Borrow rate is over 10%.
Today they announced a multi-year $11.5M contract with a major U.S. defense contractor for critical metal parts.
Volume already at 4 million today. Could see a squeeze.
https://www.prnewswire.com/news-releases/velo3d-secures-11-5-million-full-rate-production-rps-contract-from-key-us-defense-prime-contractor-302689123.html
NFA.
