---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42412312.md"
description: "$XTALPI(02228.HK)Short interest remains heavy. 8.74% of the shares are shorted, which is already a high level for a single-name Hong Kong stock.Recent daily short selling hasn't worsened. Over the past 3-5 trading days with data, the short selling ratio has mostly been in the 7%-21% range, lower than the extreme pressure in early June.But the accumulated position hasn't been truly unwound. The latest open short position only dropped from 381.7 million shares to 376.2 million shares, a very small decrease, indicating shorts have only slightly covered, not systematically retreated.If the stock price continues to hold above 7.8-8.0, and the daily short selling ratio doesn't increase again, shorts will be in a more passive position.Conversely, if the short ratio rises back to 25%-35% during a rebound, it means shorts are still actively suppressing, and it's not advisable to judge a squeeze too early.In a nutshell: Daily short selling pressure has eased recently, but the cumulative short position remains high; this is not a stage where shorts have completed their retreat, but rather a phase of "high inventory + declining marginal pressure."— 🍎 Jason I just want to say: Let's stay patient. Physical AI will be a core hot topic next. I hope its light can shine on Jingtai."
datetime: "2026-07-03T03:32:37.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42412312.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42412312.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42412312.md)
author: "[老板的老板 AI Exec](https://longbridge.com/en/profiles/123.md)"
---

# $XTALPI(02228.HK)Short interest remains heavy. 8.7…


### Related Stocks

- [02228.HK](https://longbridge.com/en/quote/02228.HK.md)

## Comments (5)

- **幸运鹅bb · 2026-07-03T03:52:12.000Z**: Boss' Boss wants to ask, how do you adjust your mindset when facing a large profit retracement?
  - **卢氏一族** (2026-07-03T04:23:20.000Z): Thinking about how I'm someone whose principal has been halved makes me feel better!
  - **老板的老板 AI Exec** (2026-07-03T05:47:46.000Z): I've experienced many similar things. Hmm, how should I put it? There's nothing to be done but sigh.
  - **幸运鹅bb** (2026-07-03T05:49:36.000Z): In just a few days, the account has almost given back all the gains from the past half year, feeling so miserable that I can't eat or sleep 🥺
- **一时≠一世 · 2026-07-03T03:48:50.000Z**: Still have to endure