News for hackers. Stuff that matters.

A comment on AMD Short Interest Has Grown by 234% in Nine Months Reveals Data. Parent comment

Re:AMD Short Interest Has Grown by 234% in Nine Months Revea... by mrweasel on Saturday October 23, 2021 @12:46PM (#28970118)
Wasn’t that the problem with GameStop, the short sells had shorted more stocks than was actually in circulation?
[ Parent | on HN ]
Re:AMD Short Interest Has Grown by 234% in Nine Months Revea... by seoaeu on Saturday October 23, 2021 @01:09PM (#28970312)
The problem with GameStop was that many redditors thought there was more shorts than total stock available and that this would make it impossible for all of the short sellers to cover their position. In reality, a single unit of stock can be borrowed and sold short multiple times without really causing any problems
[ Parent | on HN ]
Re:AMD Short Interest Has Grown by 234% in Nine Months Revea... by mason55 on Saturday October 23, 2021 @01:06PM (#28970298)
That did happen but the latest SEC report showed that it didn’t really have much impact on the price
[ Parent | on HN ]
Re:AMD Short Interest Has Grown by 234% in Nine Months Revea... by vdjao on Saturday October 23, 2021 @01:01PM (#28970242)
Identity A borrows a share from B. A sells the share to C in hopes of buying it back later at a lower price. C decides to loan their share to D.

A: has one share loaned out

B: owes A one share

C: has one share loaned out

D: owes C one share.

Two shorted shares from one share

[ Parent | on HN ]