I think their buyers would have been the short coverers looking for an exit. A s...

Scoundreller on March 10, 2021 | parent | context | favorite | on: Hertz, the original meme stock, is turning out to ...

I think their buyers would have been the short coverers looking for an exit.

A single share could be bored and shorted multiple times. Not overnight, but with enough time, you can end up with more shares short than shares that exist.

kjrose on March 10, 2021 [–]

That actually makes a lot of sense. I wonder if that was the play the whole time.