Feb. 23 at 9:17 PM
$DUOL Short interest has been declining in recent weeks. Looking at the sell volume on the open vs the buying volume on the close, suggests classic ‘push and cover’ tactics by the shorts. This is not stock specific,it’s sector/category specific, and Goldman Sachs has been leading this trade on the short side for a couple of months. They’ll also be the first to reverse and go long the segment once it becomes clear which companies are AI adopters rather than AI victims. This is one of the most exciting trades I have seen a good while. It’s not often that multiple differentials get this stretched.
#keepcalmcarryon