Post by
hevin on Feb 03, 2021 7:35pm
Updated short interest today insane
27million shares shorted or 34% of entire volume.. it does indeed look like a short squeeze.. question is how long will it last I would agree with commoncents that there's a lot more short shares out there and could continue tomorrow . Of course I've given up ever trying to figure out where this stock goes LOL .
Comment by
Shazam57 on Feb 03, 2021 8:04pm
This may help you out. https://www.investopedia.com/terms/d/daystocover.asp
Comment by
Shazam57 on Feb 03, 2021 8:15pm
By my way of calculating it (take it with more then a grain of salt lol) it would take about 2 days to cover. Keep in mind that I view myself as a noobish sort of investor.
Comment by
hevin on Feb 03, 2021 8:09pm
Sorry I should have said that was tilray's. Aphria was 13.6 million short or 30% of trades...seems a short squeeze as well if I'm interpreting it right
Comment by
Shazam57 on Feb 03, 2021 8:16pm
Thanks for the clarification hevin
Comment by
Shazam57 on Feb 03, 2021 8:17pm
In which case my 2 days is likely way off
Comment by
Shazam57 on Feb 03, 2021 8:31pm
Hevin, are you sure that those shares shorted are American? Canadian volume is 13 million.
Comment by
hevin on Feb 03, 2021 8:59pm
Yes Shazam I should have stated US. Apha... I stopped caring about Canadian shorts when I realized it was a farce in comparison to the way they do things in the US LOL... Btw at risk of giving my age away I remember well the Shazam/Isis hour every Saturday. I won't tell you why I remember Isis so well LOL
Comment by
Shazam57 on Feb 03, 2021 9:19pm
Hahaha indeed every Saturday.