From Fintel data, retail has already DRSed a minimum of 38% of all shares they should be able to own assuming the short interest is actually true

  1. Put another way we have to DRS at least 52.9M more shares. At which point, institutions get worried they don't have shares for their clients and initiate a recall of lent shares. So we're 57% of the way to locking the float!

  2. Yup! I think FOMO and share recalls can hit even sooner if the published DRS number comes in at 67m+ and others realize how crazy it is that retail DRSed almost half the shares they should have access to and the rate actually accelerated over three quarters instead of slowing down.

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Author: admin