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Cramer Says Short Busters Are 'Succeeding Beyond Their Wildest Dreams'
Friday, January 15, 2021 - 9:46am | 418Shares of GameStop Corp. (NYSE: GME) soared this week in reaction to a new board of director addition, but the surge could also be due in part to a new phenomenon known as "short busting," according to Jim Cramer. What Happened: GameStop announced that online pet food company...
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Sorrento Stock Slumps 13.5% In After-Hours Trading After It Fires CFO
Wednesday, August 19, 2020 - 2:36am | 277Shares of Sorrento Therapeutics Inc (NASDAQ: SRNE) traded 13.5% lower in after-hours trading on Tuesday as a reaction to the company firing its Chief Financial Officer Jiong Shao. What Happened: Sorrento Therapeutics, a biotech drug manufacturer in a filing with the Securities and...
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Shorts In A Twist: Tesla Shares Seem To Be Going Through A Classic "Squeeze"
Wednesday, February 5, 2020 - 12:03pm | 2048Coming up short. Getting the short end of the stick. Short-sighted. Those trite expressions might describe how people who piled into short positions in Tesla Inc (NASDAQ: TSLA) stock feel now as shares skyrocket in a rally that’s nothing short of hyperbolic. Before shares began their...
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Why It's Important To Know And Understand Short Interest Data
Thursday, April 4, 2019 - 8:58am | 592It was legendary investor Jim Chanos who once said in a Bloomberg interview, “short sellers are the market’s real-time financial detectives." And for all headaches short sellers (particularly activist shorts) may cause for company executives and board members, their role in...
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Understanding Short Sale Activity
Friday, November 16, 2018 - 2:20pm | 1252The following was originally published on OTC Markets By Cromwell Coulson Quality data is essential to well-functioning markets. Improving the availability, relevance and usefulness of data aligns with OTC Market Group’s mission to create better informed, more efficient financial markets. In...
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MiMedx: Latest Short Seller Accusation 'Unsubstantiated,' Intended To Manipulate Stock Price
Friday, February 16, 2018 - 4:41pm | 298MiMedx Group Inc (NASDAQ: MDXG) shares closed down 6.6 percent Friday after Aurelius Value revived an old offensive and accused the firm of “serious and pervasive fraud” in an open letter to auditors. Management responded to claims with counter-allegations of price manipulation. “...
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Are Short Sellers Really 'Icky And Un-American'?
Sunday, July 2, 2017 - 5:00pm | 715Last week, NYSE president Tom Farley took a personal shot at short sellers when calling for new rules to require them to publicly reveal their positions. Short sellers profit when share prices fall, but they are not currently required to disclose their bearish bets, allowing them to operate mostly...
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Short Sellers Are Down Billions Of Dollars On Tesla's Stock
Wednesday, May 3, 2017 - 11:20am | 413Do Tesla Inc (NASDAQ: TSLA) bears and short sellers know something the rest of the market doesn't? Tesla remains one of the hottest stocks to short, yet at the same time shares are higher by nearly 50 percent since the start of 2017 alone. According to FIS Astec Analytics, Tesla is actually the...
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Fr. Emmanuel Lemelson Gives Deep Insight Into His Domino's Short
Monday, April 17, 2017 - 12:59pm | 473Fr. Emmanuel Lemelson splits his time between the Greek Orthodox community and hedge fund executives. One of Lemelson's more notable calls as of late is his short thesis in Domino's Pizza, Inc. (NYSE: DPZ), which he believes is overvalued by more than $100 per share. Speaking during a charitable...
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Muddy Waters' Block: 'We Are A Loud Mouth' Short Seller
Tuesday, March 7, 2017 - 11:42am | 313Carson Block, the founder and chief investment officer of Muddy Waters, was a guest on CNBC's "Squawk Box" segment Tuesday to talk about what appears to be an unpopular strategy among investors and fund managers — shorting stocks. Carson was quick to point out that assets under management for...
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Short Sellers: What's It Mean For A Stock To Be 'Hard To Borrow'?
Monday, March 6, 2017 - 1:33pm | 580If you were trying to short sell shares of Snap Inc (NYSE: SNAP) right out of the gate following its high-profile IPO, it may have been more difficult than you anticipated. Since 2005, Regulation SHO has required brokers to have a reasonable belief that they will be able to borrow and deliver...
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Twilio, The Hottest Stock Among Shorts
Tuesday, February 21, 2017 - 11:51am | 630Astec Analytics is a provider of timely and accurate intra-day short-selling data and information, which helps investors better understand changes in investor sentiment. This week's report includes a few of the same companies that were highlighted in the prior report along with new entrants. Top...
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Cliffs Natural Shares Are Hot Hot Hot For Shorts, And So Are These Other 5
Tuesday, February 14, 2017 - 2:27pm | 753Astec Analytics is a provider of timely and accurate intra-day short-selling data and information, which helps investors better understand changes in investor sentiment. This week's report includes a few of the same companies that were highlighted in the prior report along with new entrants. Top...
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Why Short Selling Is A Dangerous Game: Sears
Friday, February 10, 2017 - 2:39pm | 480Sears Holdings Corp (NASDAQ: SHLD) investors awoke this morning to spectacular news that the company has secured an additional $140 million in credit and will be undergoing a radical restructuring that will include cost savings of at least $1 billion. The news sent Sears shares soaring nearly 40...
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Acacia, Exxon And Other Hot Stocks Among Short Sellers
Tuesday, February 7, 2017 - 3:10pm | 716Astec Analytics is a provider of timely and accurate intra-day short selling data and information, which helps investors better understand changes in investor sentiment. This week's report includes a few of the same companies that were highlighted in the prior report along with new entrants....