Re:GameStop Is Rage Against the Financial Machine
by DennisP on Wednesday January 27, 2021 @05:00PM
(#25934623)
Yes but those aren't naked shorts. You don't get short interest in 140% of the total shares available from people hedging their holdings. That did happen with GME and it's what the r/WSB people picked up on.
[ Parent
| on HN ]
Re:GameStop Is Rage Against the Financial Machine
by JumpCrisscross on Wednesday January 27, 2021 @06:25PM
(#25935600)
> You don't get short interest in 140% of the total shares available from people hedging their holdings
Of course you do. I buy a share. I loan it to you. You sell it short. That buyer pledges it to a third person. Et cetera.