Cytodyn Inc (CYDY)

[Black-Ops]

this 119% is something very rare. It indicates a naked short is trying to borrow shares and if not the broker will buy that account in.

It could also indicate a legit short borrowed shares held by a shareholder that no idea their shares were loaned out to the legit short AND THEN that shareholder did one of two things;

they sold their long / the short no longer has the shares and must buy shares OR that shareholder moved the shares from the Margin Account to his Cash Account.

Either way the legit short is toast The Naked short is toast.

This could be the indication of a huge short squeeze/ shorts are bought in by brokers and the stock shoots up fast