Ubiquitech Software Corp (UBQU)

[80 bluchip 20 pot]

fascinating. actually that still says a lot.

interest rate could be 0

but notice that shorts are WAY down. 4900 shares? or maybe that's x100 so 4.9 M shares which for this stock would be NOTHING.

but notice today's action relative to other days, we had a paltry 289M, BUT we bounced between 8 and 9.

we've had 1.5B+ action and we typically bounce two ticks 7/9 like, and typically move down a tick.

for whatever reason, shorters are closing their positions on that.

oh, on the meme stock war front? recently A*MC has gone down 10% in the last two days there has been a return of about 2M on the balance shares to institutions there. but no cover. why? it's speculated that the BORROWERS (new hedgies) look at the situation see that that 500M dilution is off the table, no change for FUD, and it looks kinda scarier and scarier to new hedgies to short it even at 10.20 to watch it moon soon. so instead of SELLING their recently borrowed shares, they paid the interest (which was probably just tens of thousands of dollars) and said never mind here ya go back. and didn't have to cover.

my point? sounds like shorters are backing off. everywhere. especially on CDEL sensitive stocks. like UBQU.