Go to the Nasdaq page for KNDI. See menu column on right hand side and click where it says short interest. You will see for mid June it is ONLY 477,331 shares for short interest. That is the lowest for the whole 12 month period. There is NO big short squeeze to cover this week IMO. There is NO "Gobble Gobble Gobble!" you numbskulls!
But huge volumes in the last few days. So who has been selling. Ah let's see-who could it be:
1) The company after it issued a statement saying that it intends to issue new shares? I dunno.
2) The pumpers who wanted to off load stocks on to you? Maybe!
3) New shorts who realized you were mugs? Could be!
I guess we will find out eventually.
The "get the short" story was to fool you in to buying more shares. IMO. Some people never learn.
Sentiment: Strong Sell
Short interest at 749,558 is just 11k below its three year high. You looking at the wrong stock or are you just brain damaged? Or do you thing anyone is foolish enough to believe your disinformation. Which at that time had a "Days to Cover" of 16.4 days.
NASDAQ short interest is updated twice a month ,Where did you get these numbers ahead of time?
You know the story of Telsa shorties in the past couple months?This will be a sequel here.
Sentiment: Strong Buy
I guess we won't really know until they post the numbers. ...but my guess is that with the volume spike the days to cover would be very low. ...but then again with the price spike, everyone was looking for shorts to borrow. ...doesn't really matter now. You couldn't really wait for the numbers to be posted to decide whether to short. ...it had already imploded.