It’s Official: This Is The Biggest Short Squeeze Ever (And May Get Even Bigger)

from Zero Hedge

US equity markets are soaring once again and two things are driving it: CTA-driven short-covering in commodities and the algo-driven squeeze of the most-shorted stocks. Having risen 13 of the last 16 days, “Most Shorted” stocks are now unchanged since The Fed rate-hike, soaring 25% in that time – the biggest squeeze in history. And Credit Suisse warns, it could get worse as the dash for trash goes on, and on, and on….

Behold: the biggest short-squeeze on record:

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