Gamestop Corporation (GME)

[dippyfloppity]

Hmm. I guess it was 122.97% short interest. Funny how looking up actual information took only a few minutes.

Some institutional accounts had significant short interest in GME prior to January 2021.61
GME short interest (as a percent of float) in January 2021 reached 122.97%

https://www.sec.gov/files/staff-report-equity-options-market-struction-conditions-early-2021.pdf

Staff also observed discrete periods of sharp price increases during which
accounts held by firms known to the staff to be covering short interest in GME were actively
buying large volumes of GME shares, in some cases accounting for very significant portions of
the net buying pressure during a period

Figure 6 shows that buy volume in GME, including buy
volume from participants identified as having large short positions, increased significantly
beginning around January 22 and remained high for several days, corresponding to the beginning
of the most dramatic phase of the run-up in GME’s price.
Figure 6 shows that the run-up in GME stock price coincided with buying by those with
short positions. However, it also shows that such buying was a small fraction of overall buy
volume, and that GME share prices continued to be high after the direct effects of covering short
positions would have waned.