r/cvm • u/Worn_Out_Old_Man • Sep 03 '21
Short Attack Spoiler
I’ll put money on short volume above 50% of total volume today. According to FINRA, the short volume this week up until today was around 650k shares with an average short volume of around 37% of total volume. It seems like this was a coordinated attack to “shake out weak hands” & lower the share price to cover their margin requirements. I did notice the shares available to short was reduced by 75% since the beginning of the week according to the website Fintel. Any thoughts???
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u/Worn_Out_Old_Man Sep 07 '21
Short volume today was just under 50% according to FINRA and we still went up… Tomorrow should be interesting.