Two Calculated Risks Possibly Worth Taking [View article]
Shortsqueeze is wrong, if you're looking to know what the effective short interest levels are, because, as mentioned, Light Peng, the CEO owns about 70% of the float. He's sold a total of 3 Million Shares since the IPO, and the rest he keeps, so yeah, there's only about 35 Million shares floating for shorts to cover with.
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Shortsqueeze is wrong, if you're looking to know what the effective short interest levels are, because, as mentioned, Light Peng, the CEO owns about 70% of the float. He's sold a total of 3 Million Shares since the IPO, and the rest he keeps, so yeah, there's only about 35 Million shares floating for shorts to cover with.
Dec 28 23:58 pm
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