Shorts continuing to exit:
33M in late July; now under 11M.
Also interesting, the shorts basically appeared on the scene in late 2022 (1), and peaked late 2023 (2), as noted on the following charts:
….they peaked after we had already dropped about 80% from the high sp.
It would seem that many entered around the 20-40c level, and left around the 5-15c level…..on average ….making perhaps 50%…?
Thoughts?
Imo
Dyor
