People banging on about a 5 percent short lol7 Jan 2023 08:08
As of December 2022, the most shorted stock was for the American digital marketing agency Digital Brands Group Inc., with 60.94 percent of their total float having been shorted. This is a change from mid-January 2021, when video game retailed GameStop had an incredible 121.07 percent of their available shares in a short position. In effect this means that investors had 'borrowed' more shares (with a future promise to return them) than the total number of shares available for public trading. Owing to this behavior of professional investors, retail investors enacted a campaign to drive up the stock price of Gamestop, leading to losses of billions when investors had to repurchase the stock they had borrowed. At this time, a similar – but less effective – social media campaign was also carried out for the stock price of cinema operator AMC, and the price of silver.
https://www.statista.com/statistics/1201001/most-shorted-stocks-worldwide/
Take a look at that link.... That's what you call big short positions..... This share price here isn't where it is because of short positions, it's market and company sentiment.... Boo is 5 percent short and 95 percent long....