What I understand from the whole Game Stop soaring stock prices event is that Game Stop stocks were in essence shorted too heavily, there were more stocks borrowed/shorted than in existence. This enabled people from the WallstreetBet community and others to inflate the stock price massively by buying it. What I want to know is how/where the WallstreetBet community got the information that it was shorted so/too heavily. Were it just statements from big investors that they shorted heavily on Game Stop stocks? Or did/could they get information from other sources too about how much the stock was shorted?
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Someone on Quantitative Finance provided a thorough answer: Without Bloomberg, how can retail investors know how many shares have been shorted daily?.– Bob BaerkerJan 30, 2021 at 0:40
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Or did/could they get information from other sources too about how much the stock was shorted?
The number of shorted shares for a given company is publicly known. E.g. see https://finance.yahoo.com/quote/GME/history?p=GME (mirror).
answered Jan 28, 2021 at 22:41
