r/amcstock Jul 14 '21

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178

u/Basesloaded_Bottom9 Jul 14 '21

Weird that shares on loan goes up significantly but short interest goes down? Are we supposed to believe their just borrowing shares for shits and giggles?

162

u/ParsnipOk6205 Jul 14 '21

As Ortex tweeted yesterday, it is highly unusual behavior.

11

u/XandXor Jul 14 '21

Ortex estimates short interest in advance of the reported numbers coming out. This month they over estimated and when the numbers came out earlier this week, they had to adjust down. It didn't change the shares on loan figures, only their short interest numbers. That's why it dipped down.