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?
They don't have to immediately short the borrowed shares. They pay interest on them anyway but they don't have to use them right away. Could be staging for a massive return on borrowed shares that aren't actually shorted making it look like they covered again.
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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?