MicroAlgo Soars 15% on Short Squeeze Fears

On April 1, 2025, MicroAlgo's stock price surged to $6.23 in pre-market trading, indicating a significant bullish sentiment among investors.

MicroAlgo's short interest ratio has been a topic of discussion, with 1.84 million shares shorted, representing 924.62% of the float. This high level of short interest suggests that many investors are betting against the stock, which could lead to a short squeeze if the stock price continues to rise.

Additionally, the tech sector as a whole has been under pressure, with tech stocks trading at a forward price-to-earnings ratio of 25x, well above the S&P 500's 20.5x multiple. This could impact MicroAlgo's stock price, as it is part of the tech sector.