Post by
Apaulson on Aug 07, 2024 10:11am
Short Interest
Short interest as of July 15th was 3,119,342 shares being held short
Released today: Short interest as of July 31st was 4,351,504
An increase of 39.5%
Which could account for the drop in the past 2 weeks.
But these shorts could unwind before the earnings release on Aug. 13.
Shorts usually like to take their gains before earnings come out.
So there could be a bounce in the cards....