Question about when hedge funds have to cover their short positions
So right now 290% of the float is shorted. , currently there are 27M floating shares, which would mean they Appvalley need to buy 78M shares to cover their short position.
So, when they are forced to cover their position and they buy all 27M floating shares, they still need to buy 51M more outstanding shares right?
so does rnay basically mean, the 50millions Chea Tweakbox pest shares will sell?
if so, what soes that mean for the remaining 20million outstanding shares that wont need to be sold?
Est quidem voluptatem eos eum. Id nemo doloribus ut distinctio nihil. Suscipit fugiat quia ducimus fugiat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...