Something isn't adding up for me. It still shows up in the daily short list which shouldn't be possible with rule 3120 in effect. That would make buying shares in the company a bit delayed because MMs would need to procure them first instead of shorting them for even a few minutes.
But if it is true, then whoever did the shorting needs to cover by Friday. If we are talking tens of millions of shares then this could easily jump a few ticks. I can't figure out how to find how many shares we are talking though. Could be someone trading through a smaller MM like CSTI or something and maybe they shorted a measly million shares. Just don't know.
Do you think a squeeze could really here? Are there resources online where I can get more information about the number of shares shorted that weren't covered?
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