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Gamestop short squeeze7/3/2023 Other funds have cut their short positions too. Citron Research has said it will now focus on investing in companies with potential to grow rather than betting against those it thinks have major problems. One short-seller that got burned has already announced a wholesale shift in approach. GameStop short squeeze: Short interest rises in July Thus far in 2022, the price of GME stock has declined by only 2, which can be compared to the 20.5 the tech-heavy Nasdaq-100 ( US100) Index has shed during that same period and the 13.6 that the S&P 500 ( US500) Index has lost. GameStop’s tumultuous stock market journey demonstrates the the power that co-ordinating via social media can have and it may cause short-sellers to think again about betting against a company they think is in decline. It’s important to note however that some ordinary investors are likely to lose substantial sums when GameStop’s price comes down as it has already begun to do.
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