Most people don’t know what to do with short interest data.
That’s not an insult. That’s just the truth.
Take the latest FINRA report, for example. It came out on Wednesday, July 10.
It’s impossible to find, and even if you get it it’s a mess.
Here’s what I’m talking about:
Yeah… good luck with that.
It’s raw. It’s massive.
And unless you enjoy parsing a hundred thousand rows of tickers and numbers, you’re going to miss what matters.
That’s where we come in.
We Turn the Noise Into Signals
At The Divergence, we specialize in identifying short interest pivot points – inflection areas where sentiment, price, and positioning collide.
We take that unreadable FINRA dump and turn it into clean, actionable scans.
For example, here’s our Equity Squeeze Table, sorted by the difference in short interest in dollar value as a percentage of total market capitalization:
Not surprisingly, the table is filled with speculative junk:
- BigBear.ai (BBAI)
- GameStop (GME)
- Sunrun (RUN)
But that’s the point.
This is where the fastest money moves when it’s time to squeeze.
And to be clear, this table was generated from the previous FINRA report.
We’ll be publishing a brand-new list based on Wednesday’s updated data next week – exclusively for Divergence members.
Same Junk, New Confluence
Now here’s another view: same data source, different filter.
This time, we’re ranking names by 10-day rate of change and layering in short interest, days to cover, and RSI:
Guess who tops this list, too?
BigBear.ai.
It leads both in short positioning and in momentum – a powerful confluence we’re seeing across speculative names.
This is how we narrow the list – not just who’s hated, but who’s moving.
What to Watch: ARKK’s Reversal
If you want a macro lens into this whole rotation, look no further than the ARK Innovation ETF (ARKK).
It’s speculative tech. It’s heavily shorted.
And it’s breaking out of a massive bearish-to-bullish reversal pattern:
Short interest is at all-time highs.
Price is climbing out of a massive base.
And relative strength is improving.
This is precisely the kind of setup that shows up in our scans again and again.
The crowd is betting against innovation.
But that’s when it gets interesting.
This isn’t a trade idea. This is just what we’re seeing.
The new FINRA short interest report just dropped.
We’ve cleaned it up and already found some interesting confluences.
The rotation back into speculative tech is gaining steam.
We provide the complete list – and deep dives on the most significant Pivot Points – in The Divergence.
But for now, just remember:
Everybody’s wrong.
They think short interest data is unreadable.
We think it’s the edge.
Stay sharp,
JC Parets, CMT
Founder, TrendLabs