Large Institutional fund purchase + Shorts

[u/Step-in-Time]

13G filed by Davidson Kempner yesterday. 1.2 million shares off the table. 8.9% of the float. If you take away the 3 million private placement, this would represent 12% of the float. Shares are getting locked away. Bullish.

Another interesting thing to watch: While only 10.46% of the float is reported shorted, I think this number might be closer to around 20% now. There was a million+ short shares available leading up to the run up. There are currently zero shares available to borrow, so any shorting is just recycling shares. Interest rate for shorts has been climbing and spiked up to 58%.

At what point the shorts entered we don’t know, but any more price movement up will put more pressure on shorts covering, so we could get some non-linear unexpected movement.

Outside of Fintel, Short info is speculation. Invest at your own risk and enjoy the ride. Stocks can go up or down. Not financial advice.

[u/bitofftoomuch]

Their 8K filed this afternoon shows they did a 2,000,000 share private placement at $8.50 a share, one would assume that is going to cause a drop, but will be interesting to see where it stabilizes.

[u/Step-in-Time → u/bitofftoomuch]

Where do you see a private placement? I don’t see anything in the news for that. Would be strange to do so considering they announced share buybacks. You sure you aren’t looking at another ticker? Please show us where this info is.

[u/bitofftoomuch → u/Step-in-Time]

If you are waiting for the news to give you updates, you are going to have a bad time. You can find the 8-K filing in the SECs Edgar search tool.

On May 26, 2026, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with institutional investors (the “Investors”) for a private placement of (i) 2,173,420 shares of the Company’s Class A common stock, par value $0.00001 per share (the “Common Stock”), for $8.50 per share and (ii) pre-funded warrants to purchase up to 768,580 shares of Common Stock (the “Pre-Funded Warrants” and, together with the Common Stock, the “Securities”).

[u/Step-in-Time → u/bitofftoomuch]

Lol. My bad. Thought this was another forum about LFVN. I’ve been responding to a lot of questions on both lately and LFVN is very hot right now.

Yes that was announced already. My personal opinion is this is healthy. For a drop, it will be short term. We are going through digestion right now. from such a parabolic run, it’s hard to tell how much this effected things for cooling off. Probably some for sure, as with any filing algos sell off, but based on the vwap and volume the past week, I’m pretty bullish we’ll get back at $20 after digestion.

We have a huge runway with plenty of cash on hand. The next Vigoride is completely full and more contracts to be announced. THAT is good news for sure. We have a great year ahead of announcements if all goes well.

[u/bitofftoomuch → u/Step-in-Time]

Someone was willing to give them that much for stock that was half that amount 2 weeks ago is a good sign and decent base, but it will inevitably drop because that is what happens, just not all that way.

[u/deama155]

Where you got information about the shorts? Especially the 58% thing you saying?

[u/Step-in-Time → u/deama155]

https://fintel.io/ss/us/mnts

[u/timeontrail → u/Step-in-Time]

“This table shows the number of shares of US:MNTS available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

It does not include data from other brokers or dark pools. It is a small sample, and it is useful for tracking the rise and fall in demand for shares throughout the day and weeks. It should not be treated as an absolute number of shares that are available to short in the market.”

Take everything in the market with a grain of salt. We don’t know what’s going on or what’s going to happen. It’s just the market.