Wendy's is honestly a good set up

So you guys have seen the meme post but Wendy's ($WEN) is a legitimately good set up below 8$ Currently according to yahoo finance there is 32% to 37% of its float sold short (\~50.27 million shares). Institutional investors lock up approximately 86% of the stock but they don't day trade just buy & hold the actual tradeable float .Total public float: 156.88 million shares Institutional lockup: 135.00 million sharesShares sold short: 50.27 million shares Active liquid float: 21.88 million shares This makes a structural supply constraint & it leaves any short sellers with a high 4.7 days-to-cover, meaning that with typical avg volume it would take 4 days of buying to cover their short without spiking the price So if any sustained retail buying volume will & is creating a severe liquidity trap and force a rapid upward price reversal. You will notice when shorts start to cover because the price will jump .30c at a time I think a conservative target will be 11$ if it buying pressure is sustainable & 15$ if it gets to meme status. Now for the negative price targets at the $6-7 range. Institutions will be incentivized to sell if it has a huge monster move but the downside is sheltered as they won't sell for a loss while momentum strength is building