RE: Shorts increased to 9.35%31 Mar 2021 08:09
i quite agree should be stopped but wont be city boys making a lot of money out of this,this is how it works for those who dont know ,an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender.
Short sellers are betting that the stock they sell will drop in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the profit.
so cant see it stopping when the city makes a profit