S3 Partners reports short interest in Coinbase Global doubled in 2026. The figure rose from 5% in December to 10% currently. The stock's short-squeeze score reached 82 out of 100. This score signals heightened risk for short sellers during a price rally.
Coinbase shares traded higher Friday during a broader cryptocurrency rally. Bitcoin surpassed $73,000, providing a tailwind for crypto-related equities. Stock performance correlates with crypto momentum rather than bearish short interest.