Today however there was only 12% short. We should see a big pop tomorrow. I think a lot of people were just selling on fear of going below $8
We shall see. I'm thinking a 10% plus day tomorrow though.
As for the %. I believe that is only when people are shorting and not covering. Nasdaq also has some data. I don't know everything about it but I'm pretty sure covering just counts as buying shares.
% short is simply the amount of shares being shorted IMO.
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