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Many of those shorts are exiting their positions, or already have, and taken their losses. They're the ones who can afford their losses. Perhaps there are some
by hbosch 6y ago
Many of those shorts are exiting their positions, or already have, and taken their losses. They're the ones who can afford their losses.
Perhaps there are some funds still holding out their end of the short war, but by the time this is all over... like over over... it will be retail traders selling inflated positions to other retail traders.
- codesnik 6y agowell, true, but people are still reporting very high amount of short positions.
- fumar 6y agoIs this data available anywhere?
- minor3 6y agoThe short interest is still extremely high and likely a number of firms are already liquidating their positions to pay off GME. The squeeze should be on Friday when every option expires in the money.
- delaaxe 6y agoNo, the short float is still hight. Old short have covered but new ones have replaced them
- bilbo0s 6y agoWait? Wouldn't new ones be shorts against the inflated prices? It could easily be other retail investors shorting the reddit pump and dump. I suppose as long as no one innocent is hurt, it doesn't really matter if some redditors and hedge funds are cleaned out. But it seems more and more likely that the only thing that will have been done here in the end is to enrich the market makers.
- delaaxe 6y agoThis is being framed as retailers vs. institutional but in reality there's both on each side.
- pivoter 6y agoway too many people on HN talking about stuff they don't know anything about. I guess you got the finra report on short interest before everybody else and know something we don't? lol