hweb2.....If I wanted to short 100,000 shares of VTSI today I could do it, no problem at all. I KNOW that on March 30th the short interest at days end was likely between 3 and 4million. Also the big boys that shorted the bulk of those didn’t cover at $6, they are likely still covering. Worse case for them was to use the 3mil shares they had already agreed to buy to cover. But they were lucky and the stock slid past 6 and 5.5 and 5 and I would guess most were covered below 5.5. So yes, today they are long 3 mil shares but they already made $3 or $4 or $5 on each share they had shorted.
All just my opinion and pure guess. But the above happens all the time.
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