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Monday, August 06, 2018 8:20:21 PM
There are no shorts to cover right now. It’s just a fact. What’s sad is thinking that “shorting” is what’s driving the pps up when in reality it’s just retail buying.
Let me help...
Short Interest Shows Sentiment
Short interest is the total number of shares of a particular stock that have been sold short by investors but have not yet been covered or closed out. This can be expressed as a number or as a percentage.
When expressed as a percentage, short interest is the number of shorted shares divided by the number of shares outstanding. For example, a stock with 1.5 million shares sold short and 10 million shares outstanding has a short interest of 15% (1.5 million/10 million = 15%).
Read more: Short Interest: What It Tells Us https://www.investopedia.com/articles/01/082201.asp#ixzz5NRmS6U9K
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