Agape ATP shares surge 26.59% intraday as short interest hits 47.25% of float, signaling potential short-covering rally.

Agape ATP Corporation surged 26.59% intraday following a significant increase in short interest to 47.25% of the float on March 13th, indicating strong bearish positioning. The sharp rise in short interest—up 1,030.84% from the prior week—suggests intensifying pessimism among traders, which may have triggered a short squeeze as covering activity began. Despite institutional investors trimming large portions of their holdings in Q4 2025, the intraday rally implies short covering and possible retail-driven momentum. The stock’s dramatic movement appears tied to the rapid escalation in short interest and potential forced buying to offset leveraged positions.