will the shorters run out of steam2 Feb 2018 12:38
About 250 Million shares have traded since 12 January. Let say 1/3 of those are shorters selling borrowed shares pushing the price down then the rest are share trades by the likes of you and me. That is 83 Million shares have been used. Since 12 January has the short increased 10% of IQE - I will assume it has. 10% of IQE is roughly 80 Million shares. So to me it looks like they may be running out of Shares to sell. Lots of assumptions here which might not be correct and further the shorters may have bought back shares at some point.