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Trading analytics firm S3 Partners' founder Ihor Dusaniwsky reported this morning that GME's short interest plunged, "short interest is just $8.82BN or 27.12M shares shorted" as the shares short have declined by a whopping 35.2 million shares over the last week.
According to S3, this represents 53.15% short interest of the % Float (or 34.1% using S3's version of SI % Float which excludes synthetic share). Shorting is now cheaper, the borrow fee has plunged from 26% to just 10%.
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