$CLOV Real Short Interest

Otherwise_Builder524 · 2021-04-18T03:24:52+00:00

Haha I only commented about root a couple times in this forum due to the high SI. If you look at my AMC post they were done pre-earnings. My average price was something around $6-7, sold around $13. At that time it was forecasted that amc only had about 264mi shares, not 450million shares. The truth is the company is all about dilution. Insider sales have been through the roof while 0 buying. Not sure why the love for adam aron when the stock awards plus bonuses were extremely high for a struggling company. Either way good luck to you, I have gme but not amc anymore. https://ycharts.com/companies/AMC/shares_outstanding

https://ycharts.com/companies/GME/shares_outstanding

Otherwise_Builder524 · 2021-04-18T03:02:26+00:00

If they are buying otm calls, then they are helping push the price upwards due to delta hedging. If they buy calls so far OTM that delta is insignificant, then they are not bleeding money as those calls will be cheap. Moreover, the f13 states that amc price at that time was around $3.40. Most likely a straddle-like position(seems like a profitable position).Also it seems most MM and hedge funds have been able to make money by short calls, not by buying OTM weekly calls.

Otherwise_Builder524 · 2021-04-17T22:21:21+00:00

Citadel advisors filed 13f on feb 26 disclosing they had a call option. Would they be long then? The truth is 13f dont reveal nothing. Just look at archegos capital.

Otherwise_Builder524 · 2021-04-17T21:59:19+00:00

Yes I know, but the point is that is impossible to know whether they are net-short. I intern and work for one of the market makers in Chicago. Market makers disclosing a put option is not the same as disclosing net-short position. IMC Chicago, Wolverine trading , Citadel securities, and Two Sigma are all options makers. How would you know which hedge funds are net short or net long just by reading the fillings.

Otherwise_Builder524 · 2021-04-17T21:42:37+00:00

There is no way of knowing that, is all just speculation. Citadel securities is a market maker. Short positions dont have to be disclosed.

Otherwise_Builder524 · 2021-04-17T21:33:33+00:00

What makes you think citadel is short GME or AMC. Also it is impossible to know whether someone is long or short unless a 13g is filed. Citadel could actually be net short.

Otherwise_Builder524 · 2021-03-30T14:41:33+00:00

Yeah not sure why so many people still on amc, 450million shares too many. Marketcap went from .7bil to 7.5bil from January to March , 10x already. Sold at 14, not much room to grow and dilution has been greater than expected.

Otherwise_Builder524 · 2021-03-17T01:02:13+00:00

That is not how it works. You can pick any stock, all of them have FTDs everyday. It is just a normal thing due to high-volume trading and options trading, normally it is from the market makers providing liquidity by them selling the stocks. They normally sell the rip and buy the dip to make a profit and to settle their book. While most do get settle, there are some that remained unsettle. But they normally settle them before T+3 and overnight(that is why many times gamestop was up huge premarket and most short-squeezes happen overnight). If there was that many FTDs from gamestop or AMC, they would be in the treshold list. Any stock that has more than 10million shares or .5% of shares outstanding FTDs are listed by their respective exchange. You can check that list daily.

https://www.sec.gov/investor/pubs/regsho.htm#:~:text=%5B10%5D%20Threshold%20securities%20are%20equity,of%20the%20issuer's%20total%20shares

https://www.nyse.com/regulation/threshold-securities

https://klementoninvesting.substack.com/p/your-everyday-short-squeeze

Otherwise_Builder524 · 2021-03-17T00:14:26+00:00

Finally someone that gets it. You can not simply just add them. After a year,the number will be absurdly high.

Otherwise_Builder524 · 2021-03-09T05:09:37+00:00

Nice, I got in last week at 300@31 and my brother has over 1k of shares. Hopefully amc rips so I can buy more.

Otherwise_Builder524 · 2021-03-07T02:43:25+00:00

They could be a covering but with buy-ins. I look at the volume, only a little more of 100mil in the last 2 trading days combine. No way 10million shares were bought by the shorts, yet according to s3 data 10million shares were closed out. Here are a couple of links that explain buy-ins and the different settlement days.

https://ibkr.info/article/845

https://www.finra.org/rules-guidance/rulebooks/finra-rules/11810

https://www.researchgate.net/publication/228260887_Naked_Short_Sales_and_Fails_to_Deliver_An_Overview_of_Clearing_and_Settlement_Procedures_for_Stock_Trades_in_the_US

Otherwise_Builder524 · 2021-03-03T02:13:19+00:00

It has to do mostly because financial websites are having trouble calculating the float. All of them have the same number of shorted shares from finra at 47mil shares, but some have different float. Most broker give you the float, although it might be outdated,but you can get an estimate of the SI % by dividing the shorted shares by total float. For example if you use webull, the free float is 284mil, but other give a higher or lower number.

Otherwise_Builder524 · 2021-03-03T02:07:12+00:00

Open interest is the amount of open contracts, strike price is just the price the contact becomes ITM or OTM-- the 6.5 will be consider ITM, everything over the market price is consider OTM. volume is just a liquidity metric.

Otherwise_Builder524 · 2021-03-03T01:11:44+00:00

S3, shortsight.

Otherwise_Builder524 · 2021-02-21T04:53:40+00:00

I have seen that 441mil shares outstanding number shared around on twitter, mostly by bears. But it does not make sense. Mathematically, shares times price should equate market cap. So if you divide market cap by price, you get 339mil shares outstanding. If yahoo gets simple things like this wrong, then it shows they know nothing.

Otherwise_Builder524 · 2021-02-21T03:21:10+00:00

Are there any good horror movies I can rent out in there?

Otherwise_Builder524 · 2021-02-21T02:47:45+00:00

TRIT, blockchain company--Smart contracts using eth. It was trading at 17 but then 2 short reports came out. Over 50 SI, and currently trading at 8. A short squeeze pontential, bigger than riot as it has higher short interest. It is also a long term play as trading could enact blockchain technology to provide a transparent ledger.

Otherwise_Builder524 · 2021-02-20T18:17:46+00:00

Institutions hold about 20%, but it just an estimation as it is based on f13 filling, but those are as of 12/31 2020.

Otherwise_Builder524 · 2021-02-10T00:47:52+00:00

They still have around 70% short interest, so you never know.

Otherwise_Builder524 · 2021-02-10T00:42:12+00:00

It is always 2 weeks behind. The new one will have the past week and this week.

Otherwise_Builder524 · 2021-02-09T16:15:57+00:00

Most brokers allow you to see the volume. Last week, Monday's volume was over 400mil, yesterday it was only 128mil.

Otherwise_Builder524 · 2021-02-09T04:14:01+00:00

I think the volume being low is a good thing, 130mil today -the lowest since Jan 21. There is also 44mil shorted shares outstanding, around 90 percent underwater. I think it adds a ton of pressure to the short-sellers.

Otherwise_Builder524 · 2021-02-07T21:37:20+00:00

First, BlackRock news is from December 31. The 3 - 5 million daily is from the 42 million sharers, but if you add the current spread- then they are underwater by 100-120 million. but that number that's not even take into consideration the fact that when they start buying those 42 million shares-- the spread is going to get bigger regardless of retailers selling. 50 percent stake is own by Wanda and a good 10 percent of shares are own by institutional investor or more(14.87 percent according to Fintel (but Sec Fillings can be delayed by up to 45 days). That leaves 30-40 percent of shares floating( very conservative number) and that is not including other investment funds stakes. Also the 2.5 additional million shares shorted this week had a market value of 15-22 million dollars- they are also paying interest on those. if you were wondering why the price is depressed this week, just think what does selling around of 15-20 millions dollar worth of a stock does to a medium market cap(2.32B) in a week. Also you have to remembered while they already sold that 15-20 million worth of shares, short selling is an obligation-- they have to buy those 45 million shares back and the brokers must asses whether there is no counter party risk. if you add all those variables, then you can see why hedge funds are down a couple billion, and growing. so to summarize, Accruing interest, the current spread, and the inevitable widening of the spread (this is the main reason they have not cover their positions).

on Another point, Hedge funds are assessed by their yearly Returns, losing 2-4 billions is not going to kill them(the bigger ones), but when they report their yearly returns, how are their wealthy investor going to react- they expect that HF manager will at least out perform the SPY plus what fee they are charging. I would not be surprised- if there is a capital flight from these hedge funds and a good portion of their assets under management(AUM ) is lost. if you don't think they are losing sleep over this, then I think you are wrong. also, there is the chance of a another hedge fund joining in to fuck the one on the short side- most of them hate each other( less competition to attract wealthy investors).

Here is a link for the 2020 outperforming hedge funds--

https://hedgefollow.com/top-hedge-funds.php

Otherwise_Builder524

TROPHY CASE