$GPRO - Short Squeeze is upon us. This morning Fintel reported only 600k short shares left available.. with 0.14 days to cover
[See for yourself](https://fintel.io/ss/us/gpro)
**Short interest data (Fintel, as of last FINRA settlement):**
\- Short Interest: **24,883,199 shares**
\- Short Interest % Float: **18.08%**
\- Short Interest Ratio: **0.14 days to cover**
\- Off-Exchange Short Volume: **42,841,110 shares** (FINRA, incl. dark pool)
\- Off-Exchange Short Volume Ratio: **41.64%**
That off-exchange short volume number alone (42.8M) already \*\*exceeds the entire reported short interest\*\* (24.88M). Reported short interest is stale — FINRA only updates twice a month — so the real current short position is very likely materially higher than the official 18.08% once the next print drops.
**Borrow supply just took a real hit — pulled straight from the intraday tracker this morning:**
| Time (ago) | Shares available to borrow |
|---|---|
| 11 hrs | 4,100,000 |
| 10 hrs | 4,000,000 |
| 8 hrs | 4,600,000 |
| 6 hrs | 4,800,000 |
| 4 hrs | 4,600,000 |
| 2 hrs | 4,700,000 |
| 1 hr | \*\*600,000\*\* |
| 1 hr | 1,300,000 |
| 34 min | 1,600,000 |
| 4 min | 1,700,000 |
Borrow availability held steady overnight around 4.6-4.8M, then **collapsed \~87% to 600K within about an hour** this morning before partially recovering to 1.7M. That kind of sudden borrow-supply shock is a textbook signal of real squeeze pressure building — it's getting harder and pricier for anyone to add new shorts right now. (Note: this is one prime broker's own lendable inventory, not the whole market — directional signal, not an absolute count.)
**Reference points, not predictions:** the stock's own 52-week high sits at $3.05 — a real level with real trading history, so that's the natural technical magnet if this keeps running. Anything beyond that is genuinely unknowable; squeezes don't follow normal valuation math once they get going (see: GME going \~24x intraday back in Jan 2021 — not saying this repeats, just illustrating how far a real squeeze can decouple from "fair value").
**TL;DR:** Live merger arb + thin float + short interest likely understated by the official print + a real borrow-supply crunch this morning = still-active squeeze setup, not a spent one. Full disclosure I'm positioned in this (calls) and have skin in the game — do your own DD, this moves fast in both directions and I'm not a financial advisor.
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**EDIT (4pm market close):**
[0 Short Shares Available](https://imgur.com/a/oEqaZg9)
at end of day, lol, they'll never learn. See everybody Tuesday.