Jul. 10 at 3:48 PM
$SMMT Very unscientific data point – from Aug 2025 thru May 2026, 100% of my
$SMMT allocation was on the fully paid lending list (meaning the shares were actively short by someone else). Starting in June that number dropped to 18% of my allocation. Short interest is drying up – still elevated but not the extremes we saw prior. That’s a positive from a sentiment standpoint. It also means people who are excited for a short squeeze, should probably temper their expectations on that occurring.