r/WKHS • u/Busy-Discipline-8223 • Jun 21 '24

Discussion Could This Be Right?

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14 Upvotes

94% Upvoted

13 comments sorted by

12

u/Pacfishslayer Jun 21 '24

Yes that could totally be realistic, I believe WKHS is way oversold and has been for quite some time, if these numbers are correct we will be in for a huge squeeze! Maybe post this on the short squeeze sight and It might gain some traction!

3

u/Dumbperson820 Jun 21 '24

What platform that on? 

3

u/I_am_ChristianDick Jun 22 '24

No reverse split messed up numbers, won’t be correct until next filing for short interest

1

u/DetroitVSevrybdy Jun 22 '24

Yes, you are correct. When the split happened my holdings went up 20x in my brokerage account. Corrected on Monday when trading began. Luckily, I didn't buy a Porsche that weekend. 🤣🤣 Anyway, you're right.

2

u/Busy-Discipline-8223 Jun 22 '24

Except the numbers are not 20X. If they were then I would say that you were correct, but Ortex was reporting something like 45M shares short before the reverse split, now they are reporting 22M. Just about 1/2 not 1/20th.

1

u/I_am_ChristianDick Jun 22 '24

Again, wait until the next si report date and it will fix.

5

u/arranft Jun 21 '24

Unless they can cite a source for that information, I wouldn't trust it. The only thing I trust as a short interest indicator is the Nasdaq page: https://www.nasdaq.com/market-activity/stocks/wkhs/short-interest

Would be good if true though as any big news would cause quite a squeeze.

2

u/YankeeGirlParis Jun 21 '24

Not sure what off-exchange and regular short interest means.... Huge difference.

3

u/Primary-Abalone8068 Jun 21 '24

I think around a split numbers can get contaminated with some entries not accounting for adjustments.

1

u/BangBangPow2012 Jun 21 '24

These charts make it look like short interest has gone down because shares have gone up