Achieve Life Sciences Inc (NASDAQ: ACHV) is rocketing in the market this morning, trading on gains of more than 43%. However, the company hasn’t issued any press releases or filed anything with the SEC. In fact, many on StockTwits are asking what’s happening. Well, here’s what’s happening:
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ACHV Is Squeezing The Shorts
There doesn’t always have to be news to trigger a short squeeze, and Achieve Life Sciences is showing us that this morning. Prior to today’s trading session, the stock was trading with average short volume of around 35%. That’s incredibly high.
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