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by bikingbismuth 1596 days ago
As far as I understand it, the core aspect of an impending “MOASS” is that GME stock is still shorted > 100%, but SI is currently reported at around 15%[0].

[0]https://www.marketbeat.com/stocks/NYSE/GME/short-interest/

1 comments

In other words, the canonical measure that represents the ratio of uncovered shorts to the float is ... wrong? There are people who are short, but are not short?
From what I got, the majority of the actual short would be hidden in some method of put-call options shenanigans (not sure what it is now, but there was at some point the equivalent of 2 times the float in $<2 puts a year out)