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Wednesday, February 17, 2021 9:09:19 AM
Once again, we have a claim without any evidence.
First, let’s clarify that the daily short interest does not capture short sales of the sort you imagine. Market makers will short a sale that they cover immediately in order to avoid double-counting the volume. Here is a link: https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
Now here is the actual evidence: https://www.otcmarkets.com/stock/KBLB/quote#level-2 This site shows the actual short interest, along with the ‘days to cover.’ The current short interest averages less than 100,000 shares and was around 23,000 shares as of the last report. At 16 cents per share, that means a whopping $3,700 in short shares. The days-to-cover: 1.
Note this data comes from the OTC itself and has to be reported to the SEC.
If you are worried about investors shorting shares, you can watch those numbers to see what is really going on: no shorts.
Those who believe a bunch of shorters who are working to keep the share price low: mythical boogeymen.
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