RE:RE:RE:RE:This year's Capital destroyer award goes to Today was weird I saw short inventory drop from 1.5M avail shares to 350k. That's a pretty significant drop normally (when the stock was hovering in the mid to upper 40's) it buzzes around 4m available, after the Ziply new it buzzed around 1.5 to 1M. Today was a really big drop which was significant compared to volume.
what this tells me is there is some pretty significant buy pressures (demand) offsetting the increased supply (the shorts).
That said this is the disclaimer from fintel around this data:
This table shows the number of shares of US:BCE available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.
It does not include data from other brokers or dark pools. It is a small sample, and it is useful for tracking the rise and fall in demand for shares throughout the day and weeks. It should not be treated as an absolute number of shares that are available to short in the market.