Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction.
Several institutions are still holding out for a decline in the stock price of Michael Saylor’s software intelligence firm MicroStrategy, with $6.9 billion in major short positions.
However, short-seller resolve seems to be waning, as the price almost tripled in six months.
As of June 6, MicroStrategy has 18 short positions listed on investment research firm Fintel’s “The Big Shorts” list — which is a list of the largest short positions disclosed by institutions to the SEC.
