Replies to post #411981 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

That means 319,133 out of 394,173 (total volume for Friday) were short sales.

http://www.investopedia.com/terms/s/shortsale.asp

Somebody sells borrowed shares he/she doesn't own, and has to buy them back later...

Good or bad? Hmm, for me it seems CDEL (who has a 1987K order at the Ask for 2.20 for the last 3 or 4 days) wants to PREVENT the stock from exceeding 2.20 with this short sales at all costs.

For which benefit? I don't know...