Approx' 205 million shares short. The retail holders who went long 480+ would be minimal. The retail holders with stop losses, who went long last year and early this year, were stopped out on the A & C waves that went below $4.
How many posting here have a stop loss set? I haven't used an automatic stop loss for 20 years. That 56% has a solid base well below the current share price. I suggest <350.
The shorts have been steadily climbing since early March. They managed to force the price down to 335.5. Since then the SP has recovered and shorts have doubled down. You would think many are under water, but as we know, they have deep pockets. They are obviously thinking retail will capitulate, again, but I don't see that argument stacking up. IMO, the SP will have to go much higher to attract new punters that will be participants in their game. We shall see.
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