I've been trying everyday to short the VXX and my broker says they have none..Anyone else able to borrow shares to short? The hedge funds and exchanges seem to have locked most of them up. The short interest in the VXX must be massive and eventually they must become buyers..They have a lot of time and money so the market would have to take a serious downturn for them to consider selling...
You may or not be right, but your 50k shares are a drop in the bucket compared with what your up against..The hedge funds have found a golden goose in the VXX and they won't want to give it up easily.. These guys cheat..they team up with Exchanges like ARCA to front run and high freq. trade to keep the VXX from advancing..Yesterday the VIX was up big while the VXX sold off..Thats not by accident..
if its not enough if 50k not enough for you ....lol
you got one thing right, short shares is huge, and i can tell you the big guys are covering in the past few days
i have seen many strange buy and sell come in and out that had happened on normal days, so for them to cover, they have to keep taking it down more slightly. option expiration and 1130 are giving them to cover