This stock, among a few others, is in a tug of war between hedge funds who decided to short it, and the retail investors who bought in hopes of a short squeeze.

This stock, among a few others, is in a tug of war between hedge funds who decided to short it, and the retail investors who bought in hopes of a short squeeze. The hedge funds appear to be doing everything to avoid closing their positions (buying shares), allegedly trying to scare off or tire out the retail investors with odd price fluctuations. Retail appears to be 'hodling,' meaning that the stocks are subject to more than usual market forces. Some hedge funds have recently closed their doors however, possibly signalling an end to the struggle in the near future, as costs of borrowing and limitations on sources of collateral bear down on the hedge funds.