The question regarding Cambium Networks Corporation (CMBM) and its short squeeze potential is a pertinent one, especially given the provided short interest figures. A short float of 13.41% and 6.13 days to cover are indeed indicators that warrant attention when assessing potential volatility.
To put these figures into perspective, a short interest percentage of float above 10% is generally considered significant, and above 20% is often viewed as very high, indicating a substantial bearish sentiment against the stock. CMBM's 13.41% short float suggests a notable portion of its shares are being bet against. The "days to cover" metric, at 6.13, represents the estimated number of trading days it would take for short sellers to cover their positions, given the average daily trading volume. A higher days to cover can amplify a short squeeze, as it indicates that it would take longer for shorts to exit their positions, potentially leading to increased buying pressure if the stock price moves up.
However, these two metrics alone do not tell the whole story. Another critical factor in assessing short squeeze potential is the share borrow fee rate. A high borrow fee indicates strong demand to short the stock and limited supply of shares available for borrowing, which can significantly increase the cost for short sellers and pressure them to cover. For CMBM, the current share borrow availability is low, and the borrow fee rate is 5.39% as of November 13, 2025. While not exceptionally high, this fee adds to the cost of maintaining a short position.
Furthermore, it's beneficial to look at the trend of short interest. Fintel's data shows that CMBM's short interest has been relatively stable, with minor fluctuations recently. Understanding whether short interest is increasing or decreasing can provide insight into the evolving sentiment. For instance, a rapid increase in short interest alongside a rising stock price could signal a potential squeeze brewing.
Finally, while short interest metrics are crucial, they should be considered alongside other factors such as institutional ownership changes, recent news, and overall market sentiment for CMBM. Significant insider buying or unexpected positive news could act as catalysts for a short squeeze.
