Gamestop stores that were the focus of US short selling institutional investors. EPA Yonhap News
It is true that US short-selling institutional investors have lost money through GameStop transactions, a game retailer, but it was argued that the majority did not’capitulate’ and are preparing for a massive counterattack. It is observed that the volatility of stock prices of certain stocks, such as Gamestop, will increase in the future.
According to S3 Partners, a financial information analysis company, short seller investors recorded a total loss of $19.7 billion after the’war between individuals and short sellers’. On the 29th, the daily loss amounted to 8 billion dollars.
However, the total amount of short-selling stocks declined only 5 million shares last week, when GameStop stock prices surged. In terms of the share of stocks, only 8% decreased. This is because only a few short-selling institutions have been liquidated after a large loss, and new short-selling funds are constantly emerging.
In addition, it was found that most of the short selling institutions have maintained their previous’stock price decline position’. “For the first time in history, the analysis that ants won a war against a short selling institution and won a victory” is not true.
Gamestop stock prices surged last week. CNBC capture
Short selling is an investment technique that expects a fall in stock prices, sells unowned stocks by lending them, and sells them back when prices drop later to make a profit.
Iho Dusaniski, an expert in predictive analysis at S3 Partners, said, “It is an accurate fact that the stocks held by the majority of short selling institutions have not changed much.” The news that he was on the job is also misleading.”
Gamestop’s stock price moved below $20 per share until mid-month, but soared to $325 on the 29th as individual investors gathered to “show a good time to the short selling powers”. The rate of increase this month alone reaches 1600%.
New York = Correspondent Cho Jae-gil [email protected]
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