Taken from IHUB MaximumImpa All the talk about
Post# of 148165
MaximumImpa
All the talk about the shorts and Black-Ops consistent messaging has encouraged me to do some back of the napkin analysis of the CYDY short interest. I’m no expert in this, and it’s more to satisfy my own curiosity. So here is the macro data from mid-June through the end of the year. Your comments are welcome. This board has been most educational.
Reporting Period Total Short Int. Change Price Range
6/16 - 6/30 10,252,350 1,021,631 2.90 - 10.01
7/01 - 7/15 9,577,878 (674,472) 2.86 - 7.15
7/16 - 7/31 13,240,351 3,662,473 4.56 - 6.75
8/01 - 8/14 18,666,216 5,425,865 3.51 - 5.36
8/15 - 8/31 26,536,823 7,870,607 2.76 - 4.02
9/01 - 9/15 23,659,337 (2,877,486) 3.25 - 5.15
9/16 - 9/30 23,357,756 (301,581) 4.00 - 4.27
10/01 - 10/15 24,326,987 969,231 2.65 - 3.87
10/16 - 10/30 26,696,678 2,369,691 2.25 - 3.09
11/01 - 11/13 26,829,021 132,343 1.63 - 2.81
11/14 - 11/30 26,802,259 (26,762) 2.31 - 2.72
12/01 - 12/15 27,043,506 241,247 2.25 - 3.79
The short interest significantly expanded from 7/16 through 8/31 and 10/01 through 10/30. What is most interesting to me is the prices where the short sellers initiated and covered their positions.
The only significant covering was at the beginning of September and represented only about 11% of the total short interest.
Even when the SP dropped below $2 in early November, there does not appear to be significant covering of their positions.
I’m sure some have done well, but it sure looks like many are not as the latest short positions from October through Dec 15 are well-below our current selling price. Now I'm beginning to see how desperate they may be.
With this in mind, I'm interested in the 12/31 data. From 12/16 to 12/23 our total volume was nearly 76MM shares. I believe some must have covered, but probably not all.