Industry WIKI

Jacob Henry Schiff (born Jakob Heinrich Schiff; January 10, 1847 – September 25, 1920) was a Jewish German-born American banker, businessman, and philanthropist. He helped finance the expansion of American railroads, and the Japanese military efforts against Tsarist Russia in the Russo-Japanese War.

In the stock market, a short squeeze is a rapid increase in the price of a stock owing primarily to an excess of short selling of a stock rather than underlying fundamentals. A short squeeze occurs when demand has increased relative to supply because short sellers have to buy stock to cover their short positions.