Now It’s Finally Time to Short GameStop
seekingalpha.com
seekingalpha.com
Do I get this right and this is just interest that they have paid? Shorts are not covered yet? ny guess how long can Point72 pay interest/bail them out on these shorts?[1]
"I keep hearing that 'most of the GME shorts have covered' — totally untrue," said Ihor Dusaniwsky, S3 managing director of predictive analytics. "In actuality the data shows that total net shares shorted hasn't moved all that much." "While the 'value shorts' that were in GME earlier have been squeezed, most of the borrowed shares that were returned on the back of the buy to covers were shorted by new momentum shorts in the name,"
[0] https://www.wsj.com/articles/melvin-capital-lost-53-in-janua...
[1] https://www.google.co.uk/amp/s/www.cnbc.com/amp/2021/01/29/g...
GME was at 65 back then. It's at 325 now.