HEXO MUST BE ON THE SHORT LIST?HEXO must be on the short list for traders to have such a high short volume ratio.
Short selling can be very risky for both the investor and the broker. Brokers will often tell investors that only stocks above $5 can be sold short. Although this may be true for your particular brokerage firm, it is not a requirement set by the Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC).12
Most brokerage firms will have a "short list," which details all securities the firm allows investors to short sell without any extra requirements.3