HUBC β 94.8% short, 30+ straight days failing to deliver, and today it spiked to $0.96 before fading. The real float is practically 0%. This isn't hype it's on the Nasdaq/SEC/FINRA record.
Update (Tue, post-close). People keep asking the same question: do we hold? Yes. We f**cking hold. Scroll to the bottom for the only answer that matters. First, here's the entire setup β primary sources only, no fake deadlines, no hopium. Every number traces back to Nasdaq, the SEC, or FINRA. Check them yourself.
The tape β last three sessions
- Fri May 29: 1.37 BILLION shares traded β a record for this name β touched $0.63 intraday
- Mon Jun 1: ran to $0.57, closed $0.515 on 417M shares
- Tue Jun 2 (today): spiked to a $0.96 high β within four cents of reclaiming the $1.00 Nasdaq bid β on 543M shares, faded to close ~$0.48, then ran back to $0.57 in after-hours
A 1.3M-share company traded 2.3 billion shares in three days. Let that sink in. The only way that happens is if the same shares are being sold short and recycled over and over.
THE SMOKING GUN: 15 filers report 230.8% of the float
I pulled every Schedule 13G/13D filed on HUBC straight from SEC EDGAR and added them up. As of end of day today, 15 separate filers report owning 2,959,061 shares β against a float of only 1,282,052.
| Filer | Shares | Date Filed |
|---|---|---|
| #1 | 766,368 | 06/01/2026 |
| #2 | 450,000 | 06/01/2026 |
| #3 | 200,000 | 05/28/2026 |
| #4 | 194,000 | 06/01/2026 |
| #5 | 150,000 | 06/01/2026 |
| #6 | 150,000 | 05/20/2026 |
| #7 | 144,000 | 06/01/2026 |
| #8 | 130,500 | 06/02/2026 |
| #9 | 128,022 | 05/27/2026 |
| #10 | 125,000 | 06/02/2026 |
| #11 | 122,251 | 06/02/2026 |
| #12 | 120,750 | 05/18/2026 |
| #13 | 115,385 | 05/08/2026 |
| #14 | 95,000 | 06/02/2026 |
| #15 | 67,785 | 05/20/2026 |
| TOTAL Β· 15 filers | 2,959,061 |
Float: 1,282,052 shares. Reported ownership: 2,959,061. That's +1,677,009 OVER the float β 230.8% of every share that exists.
- Filer #1 alone reports 766,368 shares β 59.8% of the ENTIRE float by one person.
- The top two filers report 94.9% of the float combined.
- Look at the dates: filings landed June 1 and June 2. People are still filing disclosures this week, while the stock spikes.
It is mathematically impossible for 15 people to legitimately own 2.3Γ the shares that exist. The only way this math works is if short sellers manufactured shares that were never issued β phantom longs sitting on top of real ones. Every one of these filers expects to be holding a real share. When the buy-ins hit, there aren't enough real shares to go around. That is the squeeze, in black and white, on SEC letterhead.
Where we stand
- Breakout from $0.11 β printed a $0.96 high today, settling back to ~$0.48
- 94.8% official short interest β 1,215,803 shares vs. 1,282,052 total outstanding
- ~241% real short interest when measured against the actual tradeable free float
- $0 shares available to borrow β fee around 76% and climbing
- Real free float: practically 0% β 15 disclosed 13G/13D filers report 2,959,061 shares = 230.8% of the float (their own SEC filings, as of EOD today). That's 1,677,009 more shares than exist β and new filings are still landing this week.
That combination is the whole story. There is no borrow, short interest is nearly the entire share count, and the stock has been failing to settle for over a month.
Verified β every line checks out
- On the Reg SHO threshold list 30+ trading days straight. Every day since April 20. Settlement failures so persistent the exchange flags it daily. (Nasdaq threshold files)
- Brokers are under a forced close-out obligation. Persistent fails trigger pre-borrow + buy-in rules. With zero borrow available, that mandatory buying has to hit the open market. (SEC Reg SHO Rule 203/204)
- 13G/13D holders report 230.8% of the float β more than 2Γ what exists. I pulled and parsed every Schedule 13G/13D filing directly from SEC EDGAR: 15 unique filers = 2,959,061 shares vs. a 1,282,052 float. That's +1,677,009 shares over the entire float. They can't all hold shares that don't existβ¦ unless shorts created them. Full table below. (SEC 13G/13D filings, verified directly β see dedicated section)
- Short interest sits at 94.8% of outstanding β 1,215,803 shares short against 1,282,052 total. (FINRA short interest)
The catalysts β and exactly when they land
| When | Catalyst | Why it matters |
|---|---|---|
| Every day this week | Threshold list + borrow desk | As long as it stays on the list with $0 to borrow, the pressure is ON. Shares appearing to borrow, or dropping off the list, = pressure leaking. Check both daily. |
| ~Jun 9β10 | New FINRA short-interest report | Covers May 29 data. Last print was 94.8%, up from ~24% a month earlier. If it climbs again, the trap is tightening β officially. |
| By Jun 17 | Reg SHO forced close-out window | The persistent fails flagged since April carry a hard buy-in clock. Community read is shorts have to close out the outstanding FTDs by ~June 17 with zero borrow available β every share covered has to be bought on the open market. |
| ~Mid-June | New SEC fail-to-deliver data | Post-May 13 FTD data is UNRELEASED until mid-June β i.e. the numbers covering the billion-share days. May 12 = 118,527 and May 13 = 45,394 shares failed; the big ones are still hidden. |
| Ongoing | $1.00 Nasdaq compliance + $35M MLVS path | The scramble to reclaim $1.00 bid compliance (today's $0.96 print got within four cents) β or hold a $35M market value of listed securities for 10 straight days as the alternative standard β is the structural trigger underneath all of this. |
Know the risks β eyes open
- ** Dilution.** ~41.4M new shares printed from convertible notes since Apr 1, and still converting. That's what feeds the giant volume days. Watch EDGAR.
- ** No CEO.** Noah Hershcoviz quit Mar 31, 2026 β effective immediately, off the board too (stock fell ~10% that day). Two months later, still no permanent CEO, just the chairperson holding it together.
- ** No news.** Silence usually means something's cooking. Maybe they're heads-down closing the $125M Ferrox acquisition. Or maybe a bigger company is moving to buy them β firms go quiet when a deal is being papered. Quiet β nothing.
I know none of this makes much sense on paper β but that's exactly why I like it. High risk, high reward.
"Think in pennies, you get pennies. Think in dollars, you get dollars."
Do we hold? Yes. We f***ing hold.
People keep asking the same thing over and over: Do we keep holding? Do we buy? Do we hold? The answer is yes. This should rip to a number nobody can put a ceiling on.
Every share you sell is a share a short seller buys back to cover β you're literally handing them the ammunition to keep shorting you. There is no borrow. They have to buy from someone. Don't be that someone.
Stop selling. Stop feeding them. Just hold.
Not financial advice β do your own DD. Every Nasdaq/SEC/FINRA figure here traces to a primary source; the June 17 close-out timing and $35M MLVS path are community/Reg SHO reads, not company guidance.
Posted Jun 3, 2026, 1:21 PM UTC