GameStop Short Selling Reduces By Over Half: Report
Shivdeep Dhaliwal, 02 February 2021
Short selling activity in the shares of GameStop Corp (NYSE: GME) is slowing down as traders move to cover their bets, according to analytics company S3 Partners, Reuters reported Monday.
What Happened: The video game retailer’s 27.13 million shares were shorted in the week, which is 35 million lower than the number of shares shorted in the preceding week, as per Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Continue reading “Article: GameStop Short Selling Reduces By Over Half: Report”