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Re: Viking61 post# 782885

Wednesday, 01/24/2024 7:01:07 AM

Wednesday, January 24, 2024 7:01:07 AM

Post# of 864308
No that's just relative to volume. Short Interest tells the sentiment of the investors. Short Interest is open (not covered) shorts based on the amount of outstanding shares. If one is 0.30% Short Interest that means that people are covering their shorts bc they are not bearish and short volume for a stock with 5.89 B shares with just even 6-7 figures is not a high amount shorts on the day. The past month all these short volume / volume stats are actually some of the lowest possible short interest %. 20.00% is considered a bearish short interest. $SATS is 75.5% short interest, that's incredibly bearish.

Just trying to clear that up. No one is shorting this. There is no short suppression here. At all.