Victoria's Secret & Co. (NYSE:VSCO) shares soared after it reported third-quarter results with net sales of $1.472 billion, up 9% from $1.347 billion a year earlier and above its previously communicated guidance range of $1.390 billion to $1.420 billion.
As per BZ Pro, short interest in Victoria’s Secret rose from 9.61M to 10.92M shares last period, representing 22.79% of the public float; at an average 2.10M shares traded daily, that's about 5.21 days to cover—conditions that can amplify volatility and increase the risk of a short squeeze if momentum turns higher.
