CYRN - Cyren - A Short Squeeze Could Present Short-Selling Opportunities

• Cyren is a cybersecurity firm that recently completed a 1-for-20 reverse split to avoid getting delisted from Nasdaq.
• The company’s valuation has been soaring for the past two weeks and it seems the likely reason for this is a short squeeze fueled by retail investor interest.
• Short squeezes rarely last long and it could be worth short-selling Cyren shares even at a short borrow fee rate of above 400%.
• However, this is risky and it could be better to wait for put options to become available or for short borrow fee rates to decline to more reasonable levels.

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