Search results
Results from the WOW.Com Content Network
The short interest ratio (also called days-to-cover ratio) [1] represents the number of days it takes short sellers on average to cover their positions, that is repurchase all of the borrowed shares. It is calculated by dividing the number of shares sold short by the average daily trading volume, generally over the last 30 trading days.
The GameStop short squeeze, starting in January 2021, was a short squeeze occurring on shares of GameStop, [19] [20] primarily triggered by the Reddit forum WallStreetBets. [21] [22] This squeeze led to the share price reaching an all-time intraday high of US$483 on January 28, 2021 on the NYSE.
For premium support please call: 800-290-4726 more ways to reach us
A GameStop store in 2014. GameStop, an American chain of brick-and-mortar video game stores, had struggled in the years leading up to the short squeeze due to competition from digital distribution services, as well as the economic effects of the COVID-19 pandemic, which reduced the number of people who shopped in-person.
There’s a fundamental mathematical proposition that makes shorting stocks risky. One of the smaller — but still substantial — risks is that of a “short squeeze.” When a heavy number of ...
On Monday, Hertz Global Holdings Inc (NYSE: HTZ) announced it would be selling up to $500 million in common stock. In the same filing, the bankrupt company said those shares of stock are unlikely ...
Keith Gill was born on June 8, 1986, to Steven and Elaine Gill, [13] and was raised in Brockton, Massachusetts. [4] He had two siblings, a sister [14] who died [15] unexpectedly in 2020, and a brother.
Security characteristic line Positive abnormal return (α): Above-average returns that cannot be explained as compensation for added risk Negative abnormal returns (α): Below-average returns that cannot be explained by below-market risk