Short squeeze is a minor, if any, player recently
Ihor Dusaniwsky, Managing Director at Predictive Analytics, estimates how much short interest there is in a stock on a daily basis. His analysis shows that the first big run-up in the shares in late January/early February essentially forced the shorts to cover and dramatically reduce their positions.
In late February his analysis shows that there were about 15 million shares shorted before the stock started its recent rise. With 25 million or more shares traded almost every day since February 24, the start of the recent run, it doesn’t appear that short covering has been a major driver.The fundamental numbers still don’t make sense
Forbes is right! I am gonna buy more cuz I love this trap!🐻
Reading Forbes to inform your trading is the real trap KillFUD
THIS IS JUST A PAPER HAND ADVERTISEMENT
Forbes has gone fully corrupt. Forbes is exposing themselves as a misinformation ecosystem participant.
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