The Wall Street poster is listed on the New York Stock Exchange (NYSE) in New York on February 16, 2021.
Brendan McDermid | Reuters
Very short shares have been the headlines in recent weeks after a deluge of retail investment shot up the price of GameStop and other shares.
GameStop shares rose to $ 325 per share in late January as Reddit-inspired retailers WallStreetBets piled up, creating a reduction in hedge funds with substantial short positions relative to stocks. The stock price has dropped since then and is now trading at just over $ 40.
Short-term selling is a trading strategy that allows investors to capitalize on the depreciation of a stock by borrowing a stock and selling it at current market value in order to repurchase them at a lower price. the future.
GameStop used to be the shortest value on the market, with 138% of its shares floating in short positions, but the stock price rose forcing a number of short-term sellers to close their positions, in some cases at a loss. substantial.
According to FactSet data, the brick-and-mortar video game remains the seventh shortest stock in the state, with a short interest rate at 39.29% of the company’s float.
Here is a list of the other shorter shares listed on the New York Stock Exchange and the Nasdaq Composite.