Recently released short interest figures from both the NYSE and Nasdaq show that short interest as a percentage of float is currently at record levels. On the NYSE, the mid-month short interest report hit a level of 4.15%, which is a record high. On the S&P 500, short interest is even higher. As of mid-March, 5.4% of the float of S&P 500 listed companies were sold short. This represents an increase of 53% over the last year!
RHD is one of the stocks with highest % of float being sold short. Stocks like RHD are down as much as 90% this year, so the shorts are definitely winning.
Look it up in a dictionary: it’ll probably refer you to the word ‘self-referential’. Btw, Websters has also recently removed the word “gullible” from their dictionary.
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