3 ms·

Short interests are public info [1], e.g [2]. The days to cover is more of an estimate though, with current volume it's more likely to be in the range of a few

Short interests are public info [1], e.g [2]. The days to cover is more of an estimate though, with current volume it's more likely to be in the range of a few hours. [1] https://www.investopedia.com/ask/answers/06/shortedstock.asp https://www.investopedia.com/ask/answers/06/shortedstock.asp [2] https://financhill.com/most-heavily-shorted-stocks-today https://financhill.com/most-heavily-shorted-stocks-today

fma 6y ago
Short interest is public info, but the price that they shorted is not. A fund could short from $10 and cover $100 to lose $90...then short again at $300 and now the price is $200. Short interest would remain the same but they'd be up $10 (with having spent more money on the borrow cost at $300, of course). Short interest is not enough to know how damaged the funds are. As a matter of fact, since these hedge fund employee the smartest people in the world (supposedly?) it would not surprise me if they are taking advantage of the GME sentiment and profiting from this sentiment.