How much short seller loss?
Had u ever wonder how much is the total lost for short seller in 3 days? for $Faraday Future Intelligent Electric Inc.(FFIE.US$ only.
Day 1 Total Short Volume: 162.19 M
Day 2 Total Short Volume: 152.73 M
Day 3 Total Short Volume: 143.27 M (Assume based on the previous 2 value of short volume)
Day 1 Drop: 0.610 ->0.2852 (+367.54%)
Difference: 0.2242
Total Lost in 1 day: 162.19 M x 0.2242 = 36.36 M USD
Day 2 Drop: 0.2862 -> 0.7050 (+147.19%)
Difference: 0.4198
Total Lost in 2 day: 152.73 M x 0.4198 = 64.12 M USD
Day 3 Drop: 0.7050 ->1.78 (+152.48+)
Difference: 1.075
Total Cost: 143.27 M x 1.075 = 154.02 M
Total Lost by Short Selle in 3 Daysr:
36.36 M + 64.72 M + 154.02 M = 255.1 M
And that not all, we will continue until all the short seller leave this stock!!! Another word, force them to cut loss.
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Scorched earf : They’re making big money. Everybody averaged up to two bucks short.