Anytime reported shorting goes from a high percentage to a lower one without any sign of short squeezing and the price of a stock continues to drop, should immediately trip a signal to report for investigation. For instance, when AMC was showing a reported shorting percentage of over 18% on July 6th and then today, the 13th, the stock drops drastically and shows it’s now 15% shorted from borrowed shares. But now short squeezing alerts were triggered, and no signs of a huge sell off. Even Ortex said this is unusual!
Tharry Garland Comment On Regulatory Notice 21-19
Anytime reported shorting goes from a high percentage to a lower one without any sign of short squeezing and the price of a stock continues to drop, should immediately trip a signal to report for investigation. For instance, when AMC was showing a reported shorting percentage of over 18% on July 6th and then today, the 13th, the stock drops drastically and shows it’s now 15% shorted from borrowed shares. But now short squeezing alerts were triggered, and no signs of a huge sell off. Even Ortex said this is unusual!