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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by sailor8on Dec 27, 2019 3:13pm
228 Views
Post# 30494984

PVG short squeeze: more than 13 million shares are now short

PVG short squeeze: more than 13 million shares are now shortShorters added more than 2 million additional PVG shares to their short position. What a pitty that the price of gold runs one more time against shorters bad timing. While we longs enjoyed a nice Christmas time, shorters ran even deeper into their own mud. Instead of closing their  loss short postions shorters enlarged their short position, thus they put more money on their risk.

Now it are 13,610,000 PVG shares short times 11.02 USD (actual shareprice) = roughly 150 million USD what shorters carry as risk. And shorters must buy back their borrowed shares. We are ready for a nice short squeeze in the comming year...

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Pretium Resources Incorporated $ 11.02
PVG (NYSE) -0.01
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Short Interest (Shares Short)
13,610,000
Short Interest Ratio (Days To Cover)
8.2
Short Percent of Float
7.47 %
Short % Increase / Decrease
19 %
Short Interest (Shares Short) - Prior
11,470,000

Record Date
2019-DecB

source for the short figures: https://shortsqueeze.com/shortinterest/stock/PVG.htm
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Short figures from the Nyse are recorded two times a month. The above list is the second short figure list recorded in December, thus the last one recorded for this year 2019...
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