Dude, only 12.13% of the float is short on that...
Sarepta theraputics right?
My bet is that the “Rules” will be changed if necessary to extinguish these short squeezes ... and rather soon.
This is what happened when 2 Hunt brothers had seemingly cornered the silver market in 1980.
Rules were changed (at the COMEX if I recall), costing them huge chunks of their fortunes.
Warning shot across the bow was Thursday when RH and others changed the rules for a few hours.
Word to the wise ...
Yes... but eTrade is showing this (copy/paste):
Shareholder Equity
Shares Outstanding 78.9 M
Institutional Ownership 90.70%
Number of Floating Shares 75.1 M
Short Interest as % of Float 4,600.84%