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by blackearl 1965 days ago
It's hard to say because every source I can find shows institutional ownership is 120-160% and I don't know how it's possible to own more than 100% of a thing. I suppose that could all be the short positions leading up to the recent drama.
2 comments

Stock creation of this form is not entirely unlike the money creation that happens with fractional reserve banking. A short squeeze is crudely analogous to a bank run with that mental model.

(I have no market position on any individual stocks... because I don't consider myself sufficiently well-educated to do it. So take that grain of salt as you see fit).

Every short share creates a long share.

If a stock is 30% shorted, that means there are 130% of shares in circulation. (And 30% negative shares.)

If a stock is 130% shorted, that means there are 230% of shares in circulation. (And 130% negative shares.)

If your numbers are correct, then institutional investors would own just a bit over half of GME.