Replies to post #95405 on $heff's $tation of $tocks & $olid DD

[Rogerthat1]

$EGLT Preaching to the choir here but about 60-75% of daily vol looks to be shorted each day. About 3.8M shorts with 9/15 settlement date and next nasdaq update on short position to come out Tuesday of next week. Roughly 4M + shares short out of a tiny 10M or so float. Would an approval here not send the shorts with their panties in a bunch? Could be a massive squeeze imo.

I don't know what shorts are banking on to take such a large collective short position in this ticker.