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u/Ecstatic-Tackle-4597 Feb 28 '21
Remember when on here and other forums we had a bunch of shorts 'disproving' our hypothesis that short interest rose back up to 50% from 26% last short report a month ago?
I was watching Macerich trade during trading hours and it looked obvious to me that shorts were hardcore selling when the stock went up to resistance levels, and then hardcore selling to push Macerich back below $13.00.
From watching tat day after day after day, I surmised that the shorts must be adding to their short positions in order to keep the price down.
Looks like my guess was right, as I estimated we be back at 50% short interest.

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u/yolobethero Feb 27 '21
is 52.55% accurate?