Comment by
NewAgeMetal on Mar 01, 2022 1:58pm
Not sure there are enough short shares to have that much of an impact, besides they kind of deserve it if they stayed short on a commodity based holding over the last week.
Comment by
kha341 on Mar 01, 2022 2:30pm
Short Position (Feb 15) = 355K Ten-day average volume = 61K Short ratio = ~ 6 So it would take 6 trading days on average for all the shares short to be covered. That would be enough for a short squeeze if LGO rapid daily increase in prices continued. It might not be a massive squeeze but it would be enough to have a positive impact on the rising sp.