Short interest is extremely low compared to what i
Post# of 148111
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Posted On: 05/01/2024 10:37:14 PM
Short interest is extremely low compared to what it was for a long time. Cost to borrow is only 5.58% compared with it regularly being 20% plus during the height of Nader and for more than a year and a half after he left.
When the stock squeezed in the summer of 2022 after the rumor mill heated up the cost to borrow was something like 60%.
Shorts are not having any effect on the price currently.
I've said it before but I think the market cap has held up exceptionally well through a couple of years of not much happening, at least not much publicly compared to the past, and I think all retail longs should pat themselves on the back for keeping the faith and the valuation of the company up.
When the stock squeezed in the summer of 2022 after the rumor mill heated up the cost to borrow was something like 60%.
Shorts are not having any effect on the price currently.
I've said it before but I think the market cap has held up exceptionally well through a couple of years of not much happening, at least not much publicly compared to the past, and I think all retail longs should pat themselves on the back for keeping the faith and the valuation of the company up.
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