Jack in the Box stock shot up more than 25% this week. The stock also faces a 40% short interest, according to MarketSurge.
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Is The Jack In The Box Short Squeeze Back On?
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Jack in the Box (JACK) surged in a high-volume spike Wednesday, suggesting that what looked like a short squeeze started Monday may still be in effect. Shares jumped 10.1% on Wednesday on 210% increase in its daily trading volume. Wednesday's rally comes after the stock jumped 20% on Monday, its largest single day gain since the throes of the pandemic…
Jack in the Box stock shot up more than 20% on Monday. The stock also faces a 40% short interest, according to MarketSurge.
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