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There is no evidence to indicate they had naked shorts. They were most likely short, but not naked short.
by argonaut 6y ago
There is no evidence to indicate they had naked shorts. They were most likely short, but not naked short.
- hntrader 6y agoThe short interest was above 100%, so there was naked shorting going on, although no direct evidence linking it to hedge funds (but they would've been most of the short float, so probably yes).
- wocram 6y agoShort interest being above 100% does not require naked shorting. Edit: A better example @ https://www.bloomberg.com/opinion/articles/2021-01-25/the-game-never-stops#footnote-3 https://www.bloomberg.com/opinion/articles/2021-01-25/the-ga...
- hntrader 6y agoGood point. Learned something there.