Since the last report, the short float of Application Digita...
Since the last report, the short float of Application Digital (APLD) has increased by 5.7%. The company recently reported that it has short sold 18.22 million shares of stocks, accounting for 15.02% of all tradable common stocks. Based on its trading volume, traders on average need 4.9 days to cover their short positions.
Short interest refers to the number of stocks that have been short sold but not yet covered or closed. Short selling refers to traders selling stocks of a company that they do not own, hoping that the price will fall. If the stock price falls, traders make money through short selling, but if the stock price rises, they will incur losses.
Last night, APLD prices fluctuated between 5.8 and 6.4, and I believe it's because the short sell rate is too high, and many people want to make money by short selling. U.S. stocks can make you rich.
Short interest refers to the number of stocks that have been short sold but not yet covered or closed. Short selling refers to traders selling stocks of a company that they do not own, hoping that the price will fall. If the stock price falls, traders make money through short selling, but if the stock price rises, they will incur losses.
Last night, APLD prices fluctuated between 5.8 and 6.4, and I believe it's because the short sell rate is too high, and many people want to make money by short selling. U.S. stocks can make you rich.
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