Second is GameStop board member Ryan Cohen, co-founder of Chewy (CHWY), who held 9 million shares of GME as of Jan. 10, 2021, and is now raking in $2.9 billion.
BlackRock, which owns 12.3% of GameStop, and Vanguard, which owns 7.6%, raked in $2.7 billion and $1.7 billion, respectively.
On January 29, Citron, an American short seller, said in a post on its social media platform that it would stop short research and focus on long opportunities to provide retail investors with long-term multiple investment opportunities.
Despite losses of nearly $20 billion, the short sellers haven’t been wiped out, and the short position is still large.
Last week, borrowed and shorted GameStop shares were down only about 5 million, according to S3, implying an 8% decline in short interest.Much of the short-covering occurred Thursday, when the stock fell for the first time in six days.
For this extreme retail forced empty time, Jerry Guo on the streets of New York to interview passers-by.
In interviews, some New York residents said the fight in the stock market was about retaliation and retaliation from retail investors who were in a weak position, and they were angry that trading platforms had intervened to prevent them from making money.
But even retail buyers of GME say the stock will eventually fall back.
James Early, a financial analyst in the United States, believes that Game Station’s stock price fluctuations mean the rise of retail investors. Although they may lack the same analytical capabilities as institutions, a new era of retail syndicates has already had the power to bring down institutions.However, he also noted that the short sellers’ departure does not represent a victory for retail investors, and now as the story continues to unfold, there may be no winner in the end of the battle.
article links：A new era of retail syndicates has already had the power
Reprint indicated source：Shine Trader Limited Live information