MSB 3.21% $1.13 mesoblast limited

Short position- MSB 3rd most heavily shorted ASX o share, page-20

  1. 216 Posts.
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    Hi @JDBL....I was wondering the same thing. When I looked at this on the web the following came up: https://www.********/investing/2021/01/28/yes-a-stock-can-have-short-interest-over-100-heres/
    It appears the same share can be loaned out more than once!

    As an example, take a situation involving four investors. Annie owns shares of GameStop, and Annie and her broker have an agreement that allows the broker to lend Annie's shares to short-sellers. It lends them to Bob, who subsequently sells those borrowed shares short in hopes that GameStop's share price will fall.

    An investor named Chris ends up buying those borrowed shares from Bob. However, Chris has no way of knowing that those shares have been borrowed from Annie. To Chris, they're just like any other shares.

    More importantly, if Chris has the same kind of agreement, then Chris's broker can lend out those shares to yet another investor. Diane, another GameStop bear, can borrow those shares and sell them short.

    In this example, the same shares end up getting borrowed and sold twice. The short interest volume these transactions add to the total is twice the number of shares actually involved. You can therefore see that if this happened throughout the market, total short interest would eventually exceed the number of shares outstanding and approach 200%.

 
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