Shares of AST SpaceMobile ($ASTS) have surged over the past two weeks, driven by a short squeeze and high trading volume. The stock reached $30, marking a 24% increase on February 10. This follows recent momentum since the company received a Federal Communications Commission (FCC) grant. Investors have shown significant interest, with some trimming positions after the stock hit their targets. AST SpaceMobile is backed by AT&T ($T).