How do you close a short? You buy it back which creates demand on the buy side and the price goes up. Short squeeze is the term. I love nothing more that seeing shorters gets squeezed.
If you are buying higher risk type investments, always check the sort postion (if you can). If they get it wrong it can create an explosvie upwards move as they are meant to be covered but often not in the US by the sounds of it.
How do you close a short? You buy it back which creates demand on the buy side and the price goes up. Short squeeze is the term. I love nothing more that seeing shorters gets squeezed.
That's it.
Thank you for the clearer explanation.
If you are buying higher risk type investments, always check the sort postion (if you can). If they get it wrong it can create an explosvie upwards move as they are meant to be covered but often not in the US by the sounds of it.