Castor Maritime Inc (CTRM)

[FORDGT]

Due to reverse stock split the shares of company in the market are reduced which in turn makes it harder for any trader to short sell the stock because short selling is done for those stocks which are very liquid as it is easy to borrow such stocks and traders have confidence that in case of stock price rise they can square off the position due to good liquidity, however when stock is illiquid they will think before shorting the stock and hence in a way reverse stock split reduces speculation in the stock price and only serious investors buy or sell the share.