Green Mountain (GMCR) Sees Short Squeeze Near Key Level
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Green Mountain Coffee Roasters (Nasdaq: GMCR) shares are notably higher Tuesday into the shortened holiday session and with the Fourth of July coming up tomorrow.
There might be a short squeeze going on above the $22 level, where Green Mountain found support early in June.
About 15 percent of Green Mountain shares are being held short, with days to cover at 3.3.
The stock is up about 6 percent on the session.
There might be a short squeeze going on above the $22 level, where Green Mountain found support early in June.
About 15 percent of Green Mountain shares are being held short, with days to cover at 3.3.
The stock is up about 6 percent on the session.
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