Large short positions here are VERY exposed11 Nov 2020 10:54
There is no way any sensible person wants to be short RR (and was shorting RR) at sub £1 / around £1 now there is clearly vaccines in the pipeline and one is already done.... But I estimate 10 - 15% of this company is out on short... 6% is known about, there will be a lot below the notifiable level - there always is. They will be panicing now, thats why you keep seeing it shoot higher. This is basically priced to fail, and that looks highly unlikely now.