$Exela Technologies (XELA.US)$ has anyone noticed that the ...
$Exela Technologies (XELA.US)$
has anyone noticed that the short sellers are shorting 232% of the stock. Is that means They are shorting more stocks than actual shares? How could that happen? If we keep buying this stock and hold them for a while, that might do the short squeeze and make the stock jump sky high
has anyone noticed that the short sellers are shorting 232% of the stock. Is that means They are shorting more stocks than actual shares? How could that happen? If we keep buying this stock and hold them for a while, that might do the short squeeze and make the stock jump sky high
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courageous Quokka_93 : The short sellers are digging their own grave at the moment
Nathan SG : Where did u find such info?
Nathan SG : Is this what u indicating to? Could it be a system error?
Nathan SG : i think the system didn't factor in the 20 to 1 RS.
71769538 OP Nathan SG : yes
z utterback 71769538 OP : They factored it in. System doesn’t just adjust one category of shares on a split. Shorts shorted massive at the new price hoping and offering or some bad news would come so they can push it down again.