There wouldn't be much to write about. Hedge Funds are not required to disclose their short positions in the US, so no one really knew how many shorts they had and of what kind, and no one knows if they did indeed close them.
Reddit was speculating based on the lack of a reduction in short interest. However, it's hard to determine because a) you don't know how many shorts Melvin had b) you don't know how many new short positions were created that day
Reddit was speculating based on the lack of a reduction in short interest. However, it's hard to determine because a) you don't know how many shorts Melvin had b) you don't know how many new short positions were created that day