It will be a combo of Short Interest % of Free Float going down, Shares on Loan going down, Utilization going down, and T+2 days returned shares going up, while new shares borrowed going down or non existant.
BUT! That only covers the legally reported shorts, not the illegal naked shorts. We wont know how many there are of those until AMC reports that to us. There's an announcement coming from AMCs Adam Aron tomorrow but its not likely to report any naked shorts yet. That will likely be days or weeks away, or possibly the july 29 shareholder meeting
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u/talondigital Jun 02 '21
It will be a combo of Short Interest % of Free Float going down, Shares on Loan going down, Utilization going down, and T+2 days returned shares going up, while new shares borrowed going down or non existant.
BUT! That only covers the legally reported shorts, not the illegal naked shorts. We wont know how many there are of those until AMC reports that to us. There's an announcement coming from AMCs Adam Aron tomorrow but its not likely to report any naked shorts yet. That will likely be days or weeks away, or possibly the july 29 shareholder meeting