Shares of Inc. Rocket Companies RKT,
taste 56.6% higher on very heavy volume in Tuesday afternoon trading, enough to speed all the winners on the NYSE list, and put them on the path to closing a record. Trading volume was 257.5 million shares, compared to the full-day average of about 13.0 million shares over the past 30 days. The stock is headed for its biggest one-day gain since it went public on August 6, 2020, while volume has already more than doubled from its previous 111.6 million shares on August 6 .The stock has now skyrocketed 91.6% over the past three days. The real estate services company, with brands including Rocket Mortgage and Rocket Homes, did not immediately respond to a request for comment. S3 Analytics reported that the stock rally (RKT) recently entered a “large volume of short selling”, with short interest rates rising to 47.9 million shares, or 45.8% of the public swamp. “RKT’s stock price and short selling activity are similar to another recent high meme stock – GameStop Inc.,” wrote Ihor Dusaniwsky, managing director of forecast analysis at S3 in a note to clients. The stock has now accumulated 80.1% over the past three months, and the S&P 500 SPX,
dealt with 6.0%.