When I saw the Kevin Malone tweet earlier, I immediately did some quick math. The article he sited said gme shorts lost 1.5 billion in 5 days. GME is up $5. 1.5 billion divided by 5 is 300 million, not the 56 million or whatever they are claiming short interest is. This is an accidental addition that short interest is at least 100%
They can only report up to a certain number regardless of how many more there are. If they don’t have to admit the rampant crime they can keep doing it longer.
My point is this is essentially them admitting the short interest is much higher.