Tuesday, April 13, 2021 7:05:09 PM
O/S on this is 135 mil, unrestricted is 106 mil and the Held at DTC is 106 mil. The 28mil in restricted accounts there for accounts for all the shares able to trade.
So today on the Daily Short Report they say 376,999 was short
yesterday the Daily Short Report says they were 702,169
Friday shows zero short sales
Thursday shows - 336,500
Maybe 20 years ago I used to add these up and would conclude that 100% of the tradeable shares were short. Until a broker explained that these are not short sales, just MM's trading in a house account and the house would balance those trades at the end of the day and thus cover the short.
Every time I hear, "HUGE short position", I've found that the promised squeeze never comes. So I disagree with your assessment, there is not short in this. It costs too much to short a sub-penny unless you have millions in an account as collateral.
And unless there is a substantial O/S, Float. neither of these exist. But again, thanks for wasting our time.
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