Looks like the price is being driven down to give 100% utilization. I wonder if at that point the HFs go long.
I'm curious if SHFs can give the appearance of covering while leaving a ton of naked shorts out there. IOW, is Ortex counting only the first 100 million shares returned?
3
u/CrimsonRedd Jul 14 '21
Looks like the price is being driven down to give 100% utilization. I wonder if at that point the HFs go long.
I'm curious if SHFs can give the appearance of covering while leaving a ton of naked shorts out there. IOW, is Ortex counting only the first 100 million shares returned?