Almost, but not quite, out of the top 20 now at 8.6%. These guys appear to be very adept at finessing their way out of the fix they have been in. Their MO seems to be to mount small attacks whenever there is really solid news and signs of a break out- try to keep the longs on the back foot- then keep gradually unwinding afterwards. Impressive, really. And all of this on the back of truly fake news.
Down from a peak of 36.2 m in mid March to 17.2m shorts currently, with just under a $2 rise in the sp since Feb 17.
Trend looks to be clear. Continual gradual decrease in the shorts, with a rising sp, over time.
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This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
The Long & The Short of It., page-18
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