Antelope Enterprise (NASDAQ:AEHL) stock Makes Bullish Move On High Volume: Are You Excited?

Antelope Enterprise (NASDAQ:AEHL) stock saw heavy trading on Monday, jumping 23% as traders consider it a short squeeze target. Retail investors took to social media to discuss AEHL stock’s potential, including speculation that the stock could surge higher because of potential short interest, among other factors impacting the shares.

Notably, it is not the first time retail traders are targeting AEHL stock for a short squeeze. Last month they targeted the stock resulting in the stock soaring for some days before dropping to regular trading levels.

It seems the short squeeze is in effect, with AEHL shares witnessing heavy trading on Monday. Over 24 million shares changed hands which is a massive leap relative to AEHL’s daily average volume of around 1.2 million shares. Retail traders were busy on Monday morning, pushing the stock to jump 19.5%. So far, year to date, the stock has jumped over 63.8%. So, in the coming days, AEHL is a stock to watch.

Market Reaction:

On Monday, AEHL stock soared 22.52% at $4.08 with more than 40.55 million shares, compared to its average volume of 1.25 million shares. The stock had moved within a range of $ 3.6800 – 4.9500 after opening the trade at $4.21. Over the past 52-week, the stock has been trading within a range of $1.4900 – 7.7000.