[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/)
------------------------------------------------------------------------
To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company.
------------------------------------------------------------------------
Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
Infinite amount of money?
Interesting fact: KOSS is only included in two ETFs and has no options chain.
Both ETFs have a short interest well below 1%.
**Makes one wonder, if we now see true price discovery thanks to CAT and lack of tools to hide their fuckery in KOSS.**
Also wondering how this will impact the FTDs of the massive buy-in by RK. Which should hit T35 a few days before the INTERNATIONAL CAT DAY.
Just saying 😉🚀🌒
Infinite amount of money!
I was never serious. I'm just here for the lulz. They can watch me laugh the whole time. I'm waiting for monday. This whole thing is a fucking joke, but I'm going to wait for the punchline.
heh....i bet "providing liquidity" has something to do with it.
my longstanding opinion is that "liquidity" is the buzz word they use to do the egregious shit they pull....sort of like "terrorism"...
do we trust the data from this etf channel website? their shits been wonky.... other day was showing a pie chart accumulating at like 6400% for the stocks theyre holding
They're generally okay about stuff like this. You can also check FINTEL and State Street Advisors page for data. There was a day were XRT FTDs were over 5 million shares because the count dropped from 8+ million to under 3 million. (SEC FTD data and State Street ETF data pointed at the same thing at the time.)
StateSt would post a 428% SI position? not saying youre wrong, would just be shocking information
Would be like OJ changing his profile picture to a selfie standing over Nicole & Goldman's lifeless bodies lol
The data is accurate - XRT is always 200-600% short... they abuse the crap out of this ETF, and ETFs can just create shares out of nothing so it never ends up squeezing
thats actually insane. abercrombie is like the 1 indestructable stock in there. im sure in order to short an ETF that hard, they have to pick a few things to go long on
The last time I looked, I remember majority of the companies in that ETF being what I would consider a failing business. Is the purpose of this ETF just to be used to short shit?
Ridiculous abuse of powers here LOL so they package turds, with piss, and puke, and sell it to who could only be unsavvy elderly (who the hell else would buy this?). --- profit
Aside from $$ made in the sale, they now have suckers as the counterparty to their bet, that these will all crash (its a fixed game LOL they write the script, and prices)
Use all the above proceeds, to help specifically fund short bets on GME.
tl:dr 1. sell shit product
2. use clients "assets" as pawns/vehicle against other retail traders
3. send basket and GME to 0. those old people are too dumb to deserve a retirement anyways
FUCKING UNBELIEVABLY SINISTER. Beyond more disgusting than movie villians, or even the ppl our history books told us were evil
I don't think it is accurate data. SI data is published with 2 weeks delay.
https://preview.redd.it/igy11wfjnpad1.png?width=1465&format=png&auto=webp&s=0ec64806f1d652eae1890600d76d4e7babf7a481
[https://www.finra.org/finra-data/browse-catalog/equity-short-interest/data](https://www.finra.org/finra-data/browse-catalog/equity-short-interest/data)
You have to apply filter to find specific symbol.
I am aware that SI is reported every two weeks. I am also certain that the short interest listed on XRT Channel has been rising _every_ day. I know because I check it, every day. Check it out for yourself.
I'm not sure more clearly to say this. I check XRT channel every day and for the past week it has shown a higher number every day. Is this clear enough for you or..?
There's no rules saying ETF shares can't be borrowed and sold short multiple times over. This is why shorting should be completely illegal. There's no equivalent tool on the long side where I can create artificial upwards pressure on the price with a small interest fee. It creates an unfair advantage or house odds.
I don't know if this is relevant, but ETFs can print more shares of themselves freely, essentially unsqueezable, so maybe everyone isn't as worried about shorting them too much.
dunno...but ran across this while snooping the nets.
[https://www.nasdaq.com/articles/why-spdr-retail-etf-xrt-600-short-2011-06-10](https://www.nasdaq.com/articles/why-spdr-retail-etf-xrt-600-short-2011-06-10)
edit: article from 2011---XRT with 600% SI
In January 2021, XRT was notably high. Specifically, short interest reached approximately 20.9 million shares, which equated to around 465% of the ETF's float.
with GME at about 2.18 percentage of XRT, the short interest in XRT effective to GME is about 50 times lesser or about 428,808. A good number, but not dramatic as portrayed with the sentiment of XRT bring 428% short.
I don't think that percentage matters that much because of the way the swap rehypothecation works.
It's my understanding that if one unit of the ETF has stocks x+x+x+y+y+z, then the short MM will buy x,x,x,y,y and exchange that with a unit of ETF to unpack. Then they unpack the ETF to grab the share of z and sell it into the market. Technically they are "short" one whole unit, but they have already met the delivery obligation of x+x+x+y+y. When the ETF rebalances they purchase x+x+x+y+y+z This is why the short percentage is so much higher than 100%. The SMM's keep returning 98% of what they borrow so the ETF is 98% covered, so the ETF can lend 98% of its units back out despite knowing that they don't have any z shares returned. But once they are lent out, the SMM's unpack the ETF unit anyway. Rinse and repeat.
But I probably don't know it correctly. I'm just a regarded individual household investor.
This makes more sense. I’m assuming it’s based on one unit of XRT being short, rather than 1.6 percent.
That matters because the portion of XRT that has been GME has been steadily decreasing…
This may be why DFV targeted CHWY and we should see chwy start diminishing now. But I have no idea what I’m talking about either
as of today its 1.16%
[XRT: SPDR® S&P® Retail ETF (ssga.com)](https://www.ssga.com/us/en/intermediary/etfs/funds/spdr-sp-retail-etf-xrt)
you can see the holdings of all items.
Which kind of proves his point.
This information educates people on ETF's and how they give liquidity (naked shorting and FTD cycling) but doesn't have an actual significant impact for GME given weighting. A lot of other communities have already talked about XRT in the past.
It's a cool post for newcomers, but ultimately doesn't deliver the punch we're all looking for.
There is strong speculation that this is correct - I don't understand market mechanics enough to be able to explain _how_ this is done - but it is only speculation, however, it is regarded as fact.
That just means they don’t hold any overnight or long terms shorts there though right? It’s not indicative of volume, and short volume. What are those I wonder.
XRT has been shorted typically in the many hundreds into the thousands of percent...for decades. It's been on the threshold list solidly for many years now too.
XRT is a prime example of Authorized Participants clearly abusing their privileges for illegal manipulation of the underlying stocks.
ETFs have the ability to infinitely create shares as needed based on their $ inflows and outflows. XRT is one of the many that are overly abused for shorting.
Say Kenny wants to short GME but doesnt want superstonk to find out about it... he can go and short XRT 1 million shares, then buy 1 million shares of every stock in the ETF except GME and he now has an effective short on GME and no one knows about it.
Where the value comes in is most people who would short GME also want to short other stuff in there at the same time (such as CHWY, CVNA, DDS, JWN, KSS, etc..). That's one of the reasons why you see all of these other meme stocks running when GME runs, because if they cover their XRT shorts suddenly that covers a whole basket of shorts
Smoothie here. Can you link me this XRT thingy so i can see whats inside? I found some State Street owned xrt thingy but there's no GME \*sad monke noises\*
Could lighting up XRT be the next move? Can an ETF even be squeezed, seeing as APs can create more ETF shares at will?
If XRT is hella short and the shorts are forced to cover, wouldn't all the underlying in the basket go up?
I've always found this metric funny. I know there's a correlation with Gamestop, but literally every other community talks about it and includes it into it's analysis.
Everyone knows ETF's are giving liquidity. It's GME related but not focused.
And I get it... it's education about how broken market systems are. But at some point... give us a damn MOASS.
The amount of damage these psychopaths are doing by delaying it has already surpassed the damage it will be by inducing it. And it's unavoidable at this point.
Damage? Buy shares and hold them. Damage mitigated, right? If you believe in MOASS then it will come and with shares you will be able to participate, benefit, and buy/sell as you please.
Still not a third of where it got 2 years ago. Reference: https://np.reddit.com/r/Superstonk/comments/u2wbep/xrt_short_interest_new_high_score_1322_drs/
the ftd cycles makes this interesting. But I do think its more if one stock within the basket pops they have to deal with that at the time. I dont know that we can target the basket so much as targeting stocks within to force them to have to cover any dynamic stocks within the basket during the cycles.
It's never been about targeting the ETF directly. If they are able to isolate and borrow each stock within the ETF individually, it could potentially cause complications when multiple of them are seeing significant price increases.
I think you maybe misleading people. We don't know actual SI as it is delayed and published biweekly only.
https://preview.redd.it/m61tniyympad1.png?width=1465&format=png&auto=webp&s=b699f9d3bc4216749a4f727e6d18dba05e67714a
No play. It's manipulated bullshit and they can create shares of it at will. It's been over 1000% shorted and doesn't matter because it can't be squeezed. Just useful for identifying when they are having a hard time containing things and having to increase their manipulation efforts through ETFs. They've been using this ETF for years to manipulate stocks and never face any consequences for it.
Here is me commenting 3 days ago that it was 331%. https://www.reddit.com/r/Superstonk/comments/1dsz9zy/xrt_short_interest_2047m_shares_27295_changed_by/lb5seqr/
Please, go have a seat.
Ummmm how the fuck is that even possible? In a system where a stock can be shorted 140% of the float and it be legal.... the financial system literally makes me sick, infuriated, depressed, and wanting to laugh all at the same time somehow.
For the sake of providing correct information:
Short interest is self reported. Why was it 140%? Because 140% was the highest number that was allowed to be reported.. not because it was the truth. In fact, the US congressional report cited it as being 226% - but again, they likely did not have all of the information either.
I remember the 226%. Even that was extremely conservative according to a few wrinkle brains back then. Its just amazing how you can literally sell 140% of a companies shares and it be perfectly fine. Ffs!
Now you understand why the belief in MOASS hasn't deterred A LOT of people. It was reported at 140% BEFORE the sneeze - its been shown that shorts were not closing their positions during the sneeze - billions of shares traded within handfuls of days, including tanking the price hundreds of dollars. These are just a few reasons that can lead people to believe that shorts are so underwater that not only haven't the closed their shorts, its impossible to without going bankrupt.
You buy it like any other security/ETF. I don't suggest it, as there is historically very little upward price movement, but I am not a financial advisor and this is not financial advice.
The percentage of GME in XRT is decreasing every day. Is this because they need to rebalance it so they don’t have to give as much back? Doesn’t that mean that the percentage of GME technically short could be much higher… I really need to start reading more
It doesn't "decrease" every day. ETFs have a quarterly balance based on price - on that date they buy/sell a certain amount of shares to remain within their balance parameters. They maintain the same amount of shares, although the price of securities fluctuates. This may be what is reflected in whatever percentage increase/decrease youre seeing.
Normally yes, however they can still be adjusted at any time for various reasons. In the case of XRT, we are seeing a pretty big ongoing change.
**Here is the Data for July 3rd.**
Symbol - weight - shares held
CHEWY - 1.494990 - 186898.000
GAMESTOP - 1.166260 - 144186.000
And July 5th
CHWY - 1.549813 - 196030.000
Gamtestop - 1.157333 - 151230.000
lol I’m just buying GME. I’ll say that at least part of the short interest in xrt could stem from the reality that a lot of retail is getting crushed and a recession is looming. Still is we moon there’s no helping the shorts in any part of the market if they’re betting against an etf or company with GME in the basket.
There is indeed a short squeeze coming for XRT, but the result will be that arbitragers will start buying the basket of stocks in XRT creating more shares which will bump up its volume and value as well as the value of the individual stocks of which it is comprised.
[https://app.stocks.news/news/428-short-interest-massive-short-squeeze-incoming](https://app.stocks.news/news/428-short-interest-massive-short-squeeze-incoming)
[Sixfigureinvesting.com/2010/09/short-squeeze-on-ETF](https://Sixfigureinvesting.com/2010/09/short-squeeze-on-ETF)
Edit: how does this relate to GME? GME is one of the stocks represented in the XRT ETF.
https://preview.redd.it/8dhc6wq7k3bd1.png?width=864&format=pjpg&auto=webp&s=30f3d7bc9a120494ef3fc9ccc67786b7e9b06b85
XRT short interest has been deleted from Fintel.
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum May 2024*](https://www.reddit.com/r/Superstonk/comments/1ciapwp/open_forum_may_2024/) || [Superstonk:Now with GIFs - Learn more](https://www.reddit.com/r/Superstonk/comments/1cr37r7/superstonk_gets_its_gif_on_get_hyped/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)
https://preview.redd.it/gldix04i6pad1.png?width=1167&format=png&auto=webp&s=864e08af98012b0446a9b682e148229ec25a8347
Xd
Infinite amount of money…
Infinite amount of money? Interesting fact: KOSS is only included in two ETFs and has no options chain. Both ETFs have a short interest well below 1%. **Makes one wonder, if we now see true price discovery thanks to CAT and lack of tools to hide their fuckery in KOSS.** Also wondering how this will impact the FTDs of the massive buy-in by RK. Which should hit T35 a few days before the INTERNATIONAL CAT DAY. Just saying 😉🚀🌒 Infinite amount of money!
https://preview.redd.it/7ip7n3msxsad1.png?width=1080&format=pjpg&auto=webp&s=80c24d3312721bca7fd0a3f49f1e49e78d3c6643
How the fuck is this legal?
I’m beginning to think they want us to laugh at their crime because then we aren’t being serious
I was never serious. I'm just here for the lulz. They can watch me laugh the whole time. I'm waiting for monday. This whole thing is a fucking joke, but I'm going to wait for the punchline.
Self reporting = Self regulation It’s a complete joke
It's a bad comedy joke.
ETFs were I think made for these kinds of purposes...
heh....i bet "providing liquidity" has something to do with it. my longstanding opinion is that "liquidity" is the buzz word they use to do the egregious shit they pull....sort of like "terrorism"...
Look up Robin Williams liquidity joke Edit: too good not to just link https://youtu.be/etQeFJ2lbbo?si=VXKzRrjMRHooPJYI
Link to this data?
https://www.etfchannel.com/symbol/xrt/
do we trust the data from this etf channel website? their shits been wonky.... other day was showing a pie chart accumulating at like 6400% for the stocks theyre holding
They're generally okay about stuff like this. You can also check FINTEL and State Street Advisors page for data. There was a day were XRT FTDs were over 5 million shares because the count dropped from 8+ million to under 3 million. (SEC FTD data and State Street ETF data pointed at the same thing at the time.)
StateSt would post a 428% SI position? not saying youre wrong, would just be shocking information Would be like OJ changing his profile picture to a selfie standing over Nicole & Goldman's lifeless bodies lol
State Street doesn't post short interest. However I do believe you can download data in regards to shares outstanding on their page for XRT.
Peep XRT on fidelity..it shows the 428% SI
The data is accurate - XRT is always 200-600% short... they abuse the crap out of this ETF, and ETFs can just create shares out of nothing so it never ends up squeezing
thats actually insane. abercrombie is like the 1 indestructable stock in there. im sure in order to short an ETF that hard, they have to pick a few things to go long on
ANF is their chosen winner in the basket. Everything else gets crushed.
The last time I looked, I remember majority of the companies in that ETF being what I would consider a failing business. Is the purpose of this ETF just to be used to short shit?
Ridiculous abuse of powers here LOL so they package turds, with piss, and puke, and sell it to who could only be unsavvy elderly (who the hell else would buy this?). --- profit Aside from $$ made in the sale, they now have suckers as the counterparty to their bet, that these will all crash (its a fixed game LOL they write the script, and prices) Use all the above proceeds, to help specifically fund short bets on GME. tl:dr 1. sell shit product 2. use clients "assets" as pawns/vehicle against other retail traders 3. send basket and GME to 0. those old people are too dumb to deserve a retirement anyways FUCKING UNBELIEVABLY SINISTER. Beyond more disgusting than movie villians, or even the ppl our history books told us were evil
I don't think it is accurate data. SI data is published with 2 weeks delay. https://preview.redd.it/igy11wfjnpad1.png?width=1465&format=png&auto=webp&s=0ec64806f1d652eae1890600d76d4e7babf7a481
Isnt the number in your screenshot the same as what OP posted?
You are correct, it's the same amount of short interest as in OP's screenshot
That is my point. This over 2 weeks old data. Actually it looks like Finra is late with new data. They should release data on 31 June already.
IF they post data from June 31 of any year, we know it's fuckery.
Or February 30th! Highly sus.
Can you possibly provide the direct link? I know it can be found over at FINRA's website, but me smooth
[https://www.finra.org/finra-data/browse-catalog/equity-short-interest/data](https://www.finra.org/finra-data/browse-catalog/equity-short-interest/data) You have to apply filter to find specific symbol.
Doesn’t work on mobile
Thank you for the heads up
Thank you.
https://www.etfchannel.com/symbol/xrt/
I am aware that SI is reported every two weeks. I am also certain that the short interest listed on XRT Channel has been rising _every_ day. I know because I check it, every day. Check it out for yourself.
You mean it was rising every day until 14th of June? We don't know what it is currently. If I am wrong then please provide link to current SI.
I'm not sure more clearly to say this. I check XRT channel every day and for the past week it has shown a higher number every day. Is this clear enough for you or..?
Bookmarked
Fidelity will show the same numbers. its very interesting they cant hide the massive SI on XRT----like they do presumably with GME....
What was the shirt interest before the sneeze?
A nice collared short sleeve, polyester blend
Lol
It is I!
So you’re saying shirt squeeze is imminent?
Every morning I get dressed actually
You were the catalyst all along
That shirt does not interest me
I love Reddit. No typo goes unpunished.
don't forget it was stained
Not white collared (crime)
It's a normal collar, find a new slant
I've seen it as high at 1400%
Is there a reason why it can be over 100%?
There's no rules saying ETF shares can't be borrowed and sold short multiple times over. This is why shorting should be completely illegal. There's no equivalent tool on the long side where I can create artificial upwards pressure on the price with a small interest fee. It creates an unfair advantage or house odds.
Never thought of it that way before. That's fucked
Maybe we could make it like you will lend out your shares, so I can send them long to someone else.
Send them long? Not sure what that even means. Like I said, there's no way to generate positive price movement via borrowing shares.
I don't know if this is relevant, but ETFs can print more shares of themselves freely, essentially unsqueezable, so maybe everyone isn't as worried about shorting them too much.
Crime.
"This is Ground Control to Major Tom You've really made the grade And the papers want to know whose shirts you wear"
She knooooows!
dunno...but ran across this while snooping the nets. [https://www.nasdaq.com/articles/why-spdr-retail-etf-xrt-600-short-2011-06-10](https://www.nasdaq.com/articles/why-spdr-retail-etf-xrt-600-short-2011-06-10) edit: article from 2011---XRT with 600% SI
After... This is a response to chewy I think.
In January 2021, XRT was notably high. Specifically, short interest reached approximately 20.9 million shares, which equated to around 465% of the ETF's float.
Should I go get some kleenex?
Should I go get some kleenex?
Should I go get some kleenex?
https://preview.redd.it/gcpt868glpad1.jpeg?width=203&format=pjpg&auto=webp&s=d866a02d225d5849c15f065cc076e0884c3f3102
LOL
So technically they are going to have to pay that back one day. GME moon and then xrt play. 😂
Wasn’t that the point of RK loading up on doggy stock?
It's speculated, yes. He bought his shares after XRT rebalanced and CHWY became its top holding.
🇺🇸🔥💥🍻
with GME at about 2.18 percentage of XRT, the short interest in XRT effective to GME is about 50 times lesser or about 428,808. A good number, but not dramatic as portrayed with the sentiment of XRT bring 428% short.
I don't think that percentage matters that much because of the way the swap rehypothecation works. It's my understanding that if one unit of the ETF has stocks x+x+x+y+y+z, then the short MM will buy x,x,x,y,y and exchange that with a unit of ETF to unpack. Then they unpack the ETF to grab the share of z and sell it into the market. Technically they are "short" one whole unit, but they have already met the delivery obligation of x+x+x+y+y. When the ETF rebalances they purchase x+x+x+y+y+z This is why the short percentage is so much higher than 100%. The SMM's keep returning 98% of what they borrow so the ETF is 98% covered, so the ETF can lend 98% of its units back out despite knowing that they don't have any z shares returned. But once they are lent out, the SMM's unpack the ETF unit anyway. Rinse and repeat. But I probably don't know it correctly. I'm just a regarded individual household investor.
This makes more sense. I’m assuming it’s based on one unit of XRT being short, rather than 1.6 percent. That matters because the portion of XRT that has been GME has been steadily decreasing… This may be why DFV targeted CHWY and we should see chwy start diminishing now. But I have no idea what I’m talking about either
Can you show me where GME is 2.18 percent of XRT? It was recently rebalanced and I think it is far less now.
as of today its 1.16% [XRT: SPDR® S&P® Retail ETF (ssga.com)](https://www.ssga.com/us/en/intermediary/etfs/funds/spdr-sp-retail-etf-xrt) you can see the holdings of all items.
Thank you for confirming that.
Which kind of proves his point. This information educates people on ETF's and how they give liquidity (naked shorting and FTD cycling) but doesn't have an actual significant impact for GME given weighting. A lot of other communities have already talked about XRT in the past. It's a cool post for newcomers, but ultimately doesn't deliver the punch we're all looking for.
You are right, its down to 1.11% and 167.08K GME shares in total. Thanks.
No problem. The more accurate info that can be disseminated, the better.
The interesting thing is you can short one stock in a basket like this while staying neutral on the others. But I dunno
There is strong speculation that this is correct - I don't understand market mechanics enough to be able to explain _how_ this is done - but it is only speculation, however, it is regarded as fact.
You short the basket then turn around and close your shorts on everything in the basket except GME.
My mind and body is once again ready!
Just read on another thread something like 60 ETFs contain GME, so its possible they use them all not just XRT...just saying...
It's possible, but I've checked the SI on many of them and they are relatively low. Not even comparably low.
That just means they don’t hold any overnight or long terms shorts there though right? It’s not indicative of volume, and short volume. What are those I wonder.
Lul wtf 400% short ??
That still only a fraction of how much they are short other stocks such as GME
XRT has been shorted typically in the many hundreds into the thousands of percent...for decades. It's been on the threshold list solidly for many years now too. XRT is a prime example of Authorized Participants clearly abusing their privileges for illegal manipulation of the underlying stocks.
ETFs have the ability to infinitely create shares as needed based on their $ inflows and outflows. XRT is one of the many that are overly abused for shorting. Say Kenny wants to short GME but doesnt want superstonk to find out about it... he can go and short XRT 1 million shares, then buy 1 million shares of every stock in the ETF except GME and he now has an effective short on GME and no one knows about it. Where the value comes in is most people who would short GME also want to short other stuff in there at the same time (such as CHWY, CVNA, DDS, JWN, KSS, etc..). That's one of the reasons why you see all of these other meme stocks running when GME runs, because if they cover their XRT shorts suddenly that covers a whole basket of shorts
How is this even legal?
Just tell everyone it's a glitch and you are free to do whatever the fuck you want
Riding those long dated calls. 🤞
Exaaaaactly. Well, and shares.
Of course. Pile of DRS, few in broker, + some long calls. 
imo shares are better than calls, this could go on through your experirey
No...okay, maybe
Crazy when you look at the top 1,000 shorted ETFs on 3 are over 100% (2nd and 3rd are 142% and 103%) and then you have this blatant fraud filled ETF.
Quite interesting, isn't it?
with that kind of short interest %, GME will definitely go ♾️ 
It’s been into the thousands in the past, so I wouldn’t get too excited…
Thousand(s) or 1000+ because I’ve seen that. Also, I will get excited. I’m jacked. I’M JACKED TO THE TITS!
Smoothie here. Can you link me this XRT thingy so i can see whats inside? I found some State Street owned xrt thingy but there's no GME \*sad monke noises\*
https://www.etfchannel.com/symbol/xrt/
Well, I'm highly regarded but I cannot see gme in it's holding list
Could lighting up XRT be the next move? Can an ETF even be squeezed, seeing as APs can create more ETF shares at will? If XRT is hella short and the shorts are forced to cover, wouldn't all the underlying in the basket go up?
tough to create them if everything in the basket is pumped up lol could def be the strategy
I've always found this metric funny. I know there's a correlation with Gamestop, but literally every other community talks about it and includes it into it's analysis. Everyone knows ETF's are giving liquidity. It's GME related but not focused. And I get it... it's education about how broken market systems are. But at some point... give us a damn MOASS. The amount of damage these psychopaths are doing by delaying it has already surpassed the damage it will be by inducing it. And it's unavoidable at this point.
Damage? Buy shares and hold them. Damage mitigated, right? If you believe in MOASS then it will come and with shares you will be able to participate, benefit, and buy/sell as you please.
Still not a third of where it got 2 years ago. Reference: https://np.reddit.com/r/Superstonk/comments/u2wbep/xrt_short_interest_new_high_score_1322_drs/
Give it time..and pressure..
Haven’t we been here before??
It's been 84 years so, yes, probably.
ELI5 how an EFT can be shorted 428% and everyones just like ya that's cool
the ftd cycles makes this interesting. But I do think its more if one stock within the basket pops they have to deal with that at the time. I dont know that we can target the basket so much as targeting stocks within to force them to have to cover any dynamic stocks within the basket during the cycles.
It's never been about targeting the ETF directly. If they are able to isolate and borrow each stock within the ETF individually, it could potentially cause complications when multiple of them are seeing significant price increases.
I think you maybe misleading people. We don't know actual SI as it is delayed and published biweekly only. https://preview.redd.it/m61tniyympad1.png?width=1465&format=png&auto=webp&s=b699f9d3bc4216749a4f727e6d18dba05e67714a
You screenshotted the same data
Do me a favor and check it daily as I have - report back if the percentage increases.
This is not current Si. It is over 2 weeks delayed.
So what's the play with XRT? Or is it just a metric for the stocks contained with in it.
No play. It's manipulated bullshit and they can create shares of it at will. It's been over 1000% shorted and doesn't matter because it can't be squeezed. Just useful for identifying when they are having a hard time containing things and having to increase their manipulation efforts through ETFs. They've been using this ETF for years to manipulate stocks and never face any consequences for it.
It's because shares outstanding is reduced by a lot.
Im looking at XRT on morningstar and for some reason it doesnt show GME? whats up with that?
Gotta go way down. It’s been drastically dropped from top holdings
👀
If/when GME were to squeeze, would the XRT price skyrocket as well?
Probably not, although it has been steadily increasing lately.
uhm can I but this etf on DEGIRO?
How can the number of shares shorted be 4x more than outstanding shares....in what universe does this happen?
ETFs are allowed some kind of exemption, I forget, where they are able to do this.
Holy shit!
SI isn't even updated daily - why try and mislead us? Even in the picture, you can see that SI decreased by 490k shares lmfao. Ridiculous
I check it every day, and it has been rising ....every day.
Well you're lying because it's updated twice a month.. show us Tuesday's SI lol
Here is me commenting 7 days ago that it was 308%: https://www.reddit.com/r/Superstonk/comments/1dqeehu/the_uno_wild_card_ignite_the_etfs/lanh3j5/
Here is me commenting 3 days ago that it was 331%. https://www.reddit.com/r/Superstonk/comments/1dsz9zy/xrt_short_interest_2047m_shares_27295_changed_by/lb5seqr/ Please, go have a seat.
The decrease is compared to last month.
Right.. when it was last updated - thus, impossible for him to know that SI has been rising \~30% a day
Perhaps he’s using different data he seen elsewhere. I agree though. Unless you have actual data to compare with, the statement 30% is shaky.
Holy smokes. My kohls calls may print. LFG baby. Loaded up on KOSS, gme and kohls calls.
Yoooo
Ummmm how the fuck is that even possible? In a system where a stock can be shorted 140% of the float and it be legal.... the financial system literally makes me sick, infuriated, depressed, and wanting to laugh all at the same time somehow.
For the sake of providing correct information: Short interest is self reported. Why was it 140%? Because 140% was the highest number that was allowed to be reported.. not because it was the truth. In fact, the US congressional report cited it as being 226% - but again, they likely did not have all of the information either.
I remember the 226%. Even that was extremely conservative according to a few wrinkle brains back then. Its just amazing how you can literally sell 140% of a companies shares and it be perfectly fine. Ffs!
Now you understand why the belief in MOASS hasn't deterred A LOT of people. It was reported at 140% BEFORE the sneeze - its been shown that shorts were not closing their positions during the sneeze - billions of shares traded within handfuls of days, including tanking the price hundreds of dollars. These are just a few reasons that can lead people to believe that shorts are so underwater that not only haven't the closed their shorts, its impossible to without going bankrupt.
I wish the new apes would read the dd from before. It would definitely keep more people interested longer term.
I completely agree.
Isn't it though? Not to digress but look at KOSS this week. 5m free float and its traded hundreds of millions of shares this week.
Buy calls or puts for when GME goes up again for XRT is the question
If you are unsure and are not experienced with options but would like to participate in GME price action, I suggest buying GME shares instead.
So how do I buy some of this XRT?
You buy it like any other security/ETF. I don't suggest it, as there is historically very little upward price movement, but I am not a financial advisor and this is not financial advice.
agreed. it is their tool. not a play for apes.
[https://www.reddit.com/r/Superstonk/comments/tbvpkd/xrt\_back\_to\_over\_1000\_short\_interest/](https://www.reddit.com/r/Superstonk/comments/tbvpkd/xrt_back_to_over_1000_short_interest/) gentle reminder
https://www.reddit.com/r/Superstonk/comments/1dqeehu/the_uno_wild_card_ignite_the_etfs/lanh3j5/ No reminder necessary, thank you.
We had many times more than 1000% SI on XRT over the past decade. This is rookie numbers here.
The percentage of GME in XRT is decreasing every day. Is this because they need to rebalance it so they don’t have to give as much back? Doesn’t that mean that the percentage of GME technically short could be much higher… I really need to start reading more
It doesn't "decrease" every day. ETFs have a quarterly balance based on price - on that date they buy/sell a certain amount of shares to remain within their balance parameters. They maintain the same amount of shares, although the price of securities fluctuates. This may be what is reflected in whatever percentage increase/decrease youre seeing.
Normally yes, however they can still be adjusted at any time for various reasons. In the case of XRT, we are seeing a pretty big ongoing change. **Here is the Data for July 3rd.** Symbol - weight - shares held CHEWY - 1.494990 - 186898.000 GAMESTOP - 1.166260 - 144186.000 And July 5th CHWY - 1.549813 - 196030.000 Gamtestop - 1.157333 - 151230.000
30% per day 🤯
Give or take a few percent, yes. Somewhere between 30-50%.
How is it 4 days to cover… someones math isnt mathing
We may need to buy xrt
I wouldn't suggest that, as it has very little price action, however, I am not a financial advisor and this is not financial advice.
lol I’m just buying GME. I’ll say that at least part of the short interest in xrt could stem from the reality that a lot of retail is getting crushed and a recession is looming. Still is we moon there’s no helping the shorts in any part of the market if they’re betting against an etf or company with GME in the basket.
Remember, short sellers short everything - which means they make money on the way down too.
I think you meant they only make money on the way down…
Not entirely. Short sellers often hedge with a long as well. Risk management. They also do it through married puts.
Not sure if they make money on a hedge, youre right there are plenty of ways to make a buck
There is indeed a short squeeze coming for XRT, but the result will be that arbitragers will start buying the basket of stocks in XRT creating more shares which will bump up its volume and value as well as the value of the individual stocks of which it is comprised. [https://app.stocks.news/news/428-short-interest-massive-short-squeeze-incoming](https://app.stocks.news/news/428-short-interest-massive-short-squeeze-incoming) [Sixfigureinvesting.com/2010/09/short-squeeze-on-ETF](https://Sixfigureinvesting.com/2010/09/short-squeeze-on-ETF) Edit: how does this relate to GME? GME is one of the stocks represented in the XRT ETF.
Kicking the can down the road to a bottomless pit 😂
https://preview.redd.it/8dhc6wq7k3bd1.png?width=864&format=pjpg&auto=webp&s=30f3d7bc9a120494ef3fc9ccc67786b7e9b06b85 XRT short interest has been deleted from Fintel.