> 1 million PVG shares were shorted in Marchbetter said
in first half of March on the US markets (Canada markets are not included).
The figures below report the short interest from start of March until the middle of March.
In the first half of March the average close trading price was
10.16 USD for PVG.
Todays closing price is at
12.25 USD.
Difference between shorting at ~ 10.16 USD and todays 12.25 USD is more than 1 USD per share.
So these shorters who shorted in the first half of March 1 million shares are with more than 1 Million USD under water ...
Soon we should know the end of March figures. Will be interesting to see, if shorters had started to cover their losses or if they even ran deeper into the shorters rat trap...
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| Pretium Resources Incorporated | $ 11.25 | | PVG (NYSE) | 0.28 | |
| | view | | | view | | | view | | Short Interest (Shares Short) | 8,070,000 | | Short Interest Ratio (Days To Cover) | 5.6 | | Short Percent of Float | 4.46 % | | Short % Increase / Decrease | 14 % | | Short Interest (Shares Short) - Prior | 7,060,000 | |
source:
https://shortsqueeze.com/shortinterest/stock/PVG.htm