How Shorting in the Uranium Industry Might Present the Opportunity for a Short Squeeze

Then there's one more short-term dynamic I'm going to mention and that is shorting the sector.

And what that basically means is some institutions and hedge funds have been taking bets against the sector thinking it would fall.

And for a period of time, they were right.

But in the last couple weeks, we've seen a very sharp V-shaped recovery.

And we think there's an opportunity here for a short squeeze.

Whereas where that means, you know, these short sellers need to buy stock to cover their exposures.

We're starting to see that and some of these stocks have gone up 40 50 70 80% in the last few weeks as some of the this short interest is starting to alleviate.

So that's another dynamic that we're watching right now, specifically with the uranium mining stocks.