Let’s talk about Kuaishou This 295 million shares of short interest is a super critical 'nuclear-level' indicator. As of April 30, the 295 million shares of short interest mean that about 8% of the market's float has been borrowed. If we calculate based on the extraordinary trading volume of 176 million shares on May 8, it would take 1.67 days for shorts to fully cover; but if we use the 5-day average volume (80.15 million shares), it would take 3.68 days. Once a short squeeze happens, shorts will need to buy more shares in the market to cover, further driving up the stock price. We might be witnessing a 'GameStop moment' in China’s market, wsb-style.