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Sunday, June 14, 2020 11:25:56 AM
Then they would of also had to hold that position until now.
And that's not likely.
Example: Stock currant price is a dollar.
The shorter believes the price is going to decrease, he shorts a number of shares, say 100 then as the price of the stock goes down, he makes money only when he 'makes good' on the 100 shares, he then pockets the difference of the two prices.
There hasn't been a significant difference in price since 2018, so you see there are no real shorts on RVNA.
Kind of opposite from people that buy low and hope for a higher price per share. Like most traders.
You can read about short selling at Invesopedia, just Google it.
Hope that helps you understand short selling a little bit.
IMO.
Gl.
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