It is extraordinary. Let's hope $11 holds (by close) since the previous low on 15/01/2025 the short position has already eclipsed what it was and UBS has sold $15m whilst the SBB has bought roughly the same $15m. The difference being that UBS has turned over $225m worth of stock in that same time period to sell only $15m of shares (ie nearly 10x the volume generated) which makes it appear to retailers that there's an endless supply of sellers when in reality it's just trading back and forth.
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