Hertz Global remained a focus for retail traders after better-than-expected second-quarter results sparked a sharp rally that continued into Tuesday. Shares were up 24.53% at $2.64 at the time of publication, with WallStreetBets discussion accelerating as traders targeted the stock's large short position in hopes of a short squeeze. New commentary around the stock pointed to 73% of available shares being sold short, a much higher figure than earlier data showing about 31.2% of float sold short as of July 15, underscoring some uncertainty around the latest short-interest measurements but reinforcing the view that bearish positioning is central to the move. The earnings catalyst remains intact: Hertz reported second-quarter revenue of $2.4 billion, ahead of the $2.28 billion estimate and up 10% from a year earlier, while its adjusted loss of 11 cents per share was better than the 24-cent loss analysts had expected. The company also said revenue per day reached a second-quarter record, excluding pandemic-era comparisons from 2022, which it described as evidence of progress in its transformation strategy. On the sell-side, Susquehanna analyst Christopher Stathoulopoulos maintained a Neutral rating on Monday but cut the price target to $2.50 from $5.50. Benzinga analyst data showed the broader consensus on the stock at Hold with an average price target of $3.