Some of these traders apparently believe they can set off another "short squeeze" as they did with GameStop Corp. shares last month. In a short squeeze, rising prices force short sellers, who have bet against an asset, into buying to cover their losses. That, in turn, drives the price up further. It isn't clear, however, that hedge funds, big banks and other big institutions are short selling large quantities of silver. Combined with January's buying frenzy in stocks widely favored by short sellers, this seems to be the latest chapter in a swelling narrative about the evils of shorting. As Tesla Inc. Chief Executive Elon Musk tweeted last week: |