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The Perfect Trade For This AI “Short Squeeze”

Soundhound AI (SOUN) has been soaring lately with news of voice AI integration, but a recent Benzinga article on highlights the steep rise in short interest – a whopping 24% of all regular shares are shorted and this would take more than three days of normal trading volume to cover.

This means that SOUN is a target for a short squeeze. Why? Because short sellers will have to buy the stock to cover their positions, and this will push prices even higher. So, how might we position for upside here with the limited risk?

Why, the butterfly trade, of course!

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