They’re hiding short interest with ETF shares and FTDs. It’s actually believed with this tactic they’ve shorted GME anywhere between 200-9000%. Hence the idea this is going to crash everything, they got caught with their dick in the cookie jar.
Also Short Interest is a self reported number so it is easily falsified. The numbers were simply not there for them to cover in terms of volume and pricing.
"GME is short somewhere between 1.5 and 3 times the outstanding shares."
It was, several months ago before the spike past $450/sh. It's now under 20%.
They’re hiding short interest with ETF shares and FTDs. It’s actually believed with this tactic they’ve shorted GME anywhere between 200-9000%. Hence the idea this is going to crash everything, they got caught with their dick in the cookie jar.
Also Short Interest is a self reported number so it is easily falsified. The numbers were simply not there for them to cover in terms of volume and pricing.