Are there 11.9mm shares short, or is it more fake news?The ShortSqueeze.com site linked below claims there are 11,929,900 shares short of GSV. Then again it says that is only 3.1 days volume, which I don't believe is correct. It says short interest increased from 3,234,000 shares short previously, or 369 % increase. It says the share float is 154,547,800. Schwab says the 10 day average volume is 990,841, and the float is 222.8mm.
I do see the prior short interest figure of 3.23mm as the current short amount elsewhere, such as gurufocus.com. See link.
Schwab lists the short interest as 1.5% of the 222.8 float, which gets you close to the 3.2mm figure.
Your thoughts? My thought is, this is great, they all have to be buyers eventually. It would be great to see a short squeeze on a major news day. Then again, why did they short?
https://shortsqueeze.com/shortinterest/stock/GSV.htm
https://www.gurufocus.com/ownership/AMEX:GSV