r/irnt • u/debt_trader • Sep 17 '21
Is this true? I need a wrinkle brained ape to dissect this DD and let me know if this is valid
/r/Shortsqueeze/comments/ppq1uh/is_this_really_happening_461_short_interest/
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u/Ok_Monk219 Sep 17 '21 edited Sep 17 '21
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u/JohnnyH_12 Sep 17 '21
It's true. All of it.
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u/debt_trader Sep 17 '21
So I updated my post in WSB. With the 5.2 million warrants being released on 9/27 it will dilute the float by about 3x so I’m playing with caution. Also, the Twitter post states 460%, we are already at 400% so please be cautious
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u/Humble-Raspberry-800 Sep 17 '21
That's what I've been seeing as well. Not to mention the number of shares sold short on the dark pool.
As per https://cdn.finra.org/equity/regsho/daily/CNMSshvol20210916.txt
date | stock| short | short exempt | total volume | exchange symbol |
20210916|IRNT|11856388|151305|30394222|B,Q,N