$HTZ short interest is up to 64.75%. With more than half the stock activist investor owned and only 150,000 shares left to short an epic squeeze could be brewing. 👀
$HTZ I tried to explain to you Friday why the price will continue to rise from here. Now we also have technicals in our favor as the daily, weekly and monthly charts are all showing signs that we have bottomed and are reversing! There is a massive gamma squeeze set up for 9/18 which would also allow the warrant holders to exercise them if it gets over $12.81. Which would explain why there are over 10K $10 calls when the stock is $2.
$HTZ filing yesterday revealed they raised a lot of cash with asset backed securities. This is bullish and we should see share price continue to rise. Here’s why:
Immediate Cash: Hertz secures a massive influx of capital to fund operations and pay short-term debts.
Lower Interest Rates: Because the debt is backed by physical assets (the cars), investors view it as less risky. This allows Hertz to borrow at a cheaper rate than standard corporate bonds.
Bankruptcy Shield: It proves Wall Street is still willing to lend Hertz money, boosting overall market confidence
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$HTZ by the way Ackman sold last month. So who cares. That’s not affecting today’s price. That was done to create fear. This has over 100% institutional ownership. Some long, a handful short. Expect to hear more of the short funds closing. You think they are going to tell you they were short or that they were loaning their long shares to shorts and that’s how they were making their money? Think about it. If you are long are you selling at the bottom? 🤣
$HTZ SQUEEZE CONTINUES; ALL YOU HAVE TO KNOW IS THAT 2.70 BROKE
EVERYONE HAS EYES ALL THE WAY TO $5
SHORT INTEREST % OF FREE FLOAT AT 68%
LIKE AND RETWEET IF YOU BELIEVE IN THE SQUEEZE