Meta Materials Inc (MMAT)

[VApopeye]

I believe your statement is a gross misrepresentation of the situation.
IMHO there are two things happening.
1. Some of the folks that bought in to get the dividend are upset because they did not get it in a timely manner and then turned around and shorted the company.
2. Shorting is coming in from two sources dark pool exchanges and retail investors. The dark pool shorting is accounting for approximately one third of the shorts.

The companies business plan and execution is fine. They just need to communicate with investors what they plan to do with the dividend.

After that issue is cleared, this company will rise. There is also a possibility that the shorting ratio will get too high and along with buying pressure trigger a short squeeze, but that is something that takes time and a lot of buying pressure to trigger.

It’s a gear company with lots of good products that will change much of how we do business.