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Re: redspeed post# 27519

Monday, 04/15/2024 10:05:10 AM

Monday, April 15, 2024 10:05:10 AM

Post# of 27552
Prolly should have mentioned of the 21 funds holding IBIO and 251,464 shares, Sabby Management has the majority of those at 176,748
https://www.holdingschannel.com/bystock/?symbol=IBIO

Shabby is a known short and SEC charged them with Naked Shorting. Oh what a surprise financial advisors getting charged.

SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme - June 12, 2023
https://www.sec.gov/news/press-release/2023-107

It seems after they were charged, they started buying the stocks they 'apparently' shorted. Maybe a way to hedge their 'SEC charges' bets?

Basically subtract out Sabby, there are very little shares held by 'tutes' anymore. Maybe not as smittened by iBio's new CEO Dr. Martin Brenner?

https://fintel.io/i/sabby-management-llc

https://hedgefollow.com/funds/Sabby+Management
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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