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Posted On: 08/17/2021 12:38:15 PM
Post# of 148921
Re: Evil Rabbit #100465
The short position stays significant but it's dropped a good bit in the last couple of months. The fee to borrow has been cut in half and the shares available to borrow have ballooned. https://shortablestocks.com/ has the info, you have to make a free account to see the chart for the last 6 months
It makes sense that people aren't as interested in shorting CYDY at these levels. There aren't any obvious reasons why it would have a big drop any time soon. Seems like the stock is in limbo, with a little buying on news, that Fife likely takes advantage of to offload and push the price back down. From the amount of chatter on the internet, it's still a high profile stock for the OTC but one where it seems like most are just waiting to see what big things will play out.
It makes sense that people aren't as interested in shorting CYDY at these levels. There aren't any obvious reasons why it would have a big drop any time soon. Seems like the stock is in limbo, with a little buying on news, that Fife likely takes advantage of to offload and push the price back down. From the amount of chatter on the internet, it's still a high profile stock for the OTC but one where it seems like most are just waiting to see what big things will play out.
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