Someone always sell the shares in last minute to make sure it close red every single day. It has happened so many times.
So far this month their have been 8 red closes and 6 green closes. Hardly "every single day". YTD it is 60R vs 35G. Not very odd for a stock where the PPS fell about 40%,
People will always see patterns in past data. They usually fail going forward.
Yes, the lower the close the less interest they pay on their borrowed shares...The MM's are the big shorts and thus they help themselves by closing it lower....This won't change until approval.