{"id":14159,"date":"2024-06-07T13:10:40","date_gmt":"2024-06-07T10:10:40","guid":{"rendered":"https:\/\/forklog.com\/en\/short-positions-on-microstrategy-stocks-surge-to-6-9-billion\/"},"modified":"2024-06-07T13:10:40","modified_gmt":"2024-06-07T10:10:40","slug":"short-positions-on-microstrategy-stocks-surge-to-6-9-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/short-positions-on-microstrategy-stocks-surge-to-6-9-billion\/","title":{"rendered":"Short Positions on MicroStrategy Stocks Surge to $6.9 Billion"},"content":{"rendered":"<p>The value of open short positions on MicroStrategy stocks has tripled over the past six months, reaching $6.9 billion, according to <a href=\"https:\/\/cointelegraph.com\/news\/microstrategy-michael-saylor-short-sellers-mstr-stock-price-bitcoin\">Cointelegraph<\/a>.<\/p>\n<p>The securities of the &#8220;Bitcoin and related products developer&#8221; are among the 2500 largest shorts in the US stock market. The top position on the list is <a href=\"https:\/\/fintel.io\/bigShorts\">valued at $2.47 billion<\/a> (ranked 27th). MicroStrategy appears 18 times in the ranking.<\/p>\n<p>Short sellers of Michael Saylor&#8217;s company are betting on a correction following a 5.5-fold increase in capitalization over the past year.<\/p>\n<p>According to <a href=\"https:\/\/www.marketbeat.com\/stocks\/NASDAQ\/MSTR\/short-interest\/\">MarketBeat<\/a>, bearish confidence in MicroStrategy has decreased over six months, with the <a href=\"https:\/\/en.m.wikipedia.org\/wiki\/Short_interest_ratio\">short interest ratio<\/a> dropping from 3.1 to 1.5 days.<\/p>\n<p>This metric helps traders analyze short squeezes by indicating the average number of days needed for short sellers to close their positions. The fewer the days, the less their interest.<\/p>\n<p>The firm holds 214,400 BTC, valued at approximately $15.25 billion at the current rate. The company last <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-acquires-additional-122-btc\">purchased 122 BTC<\/a> in April 2024.<\/p>\n<p>On March 26, MicroStrategy&#8217;s capitalization reached a new high since March 2000, <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-shares-reach-24-year-high\">at $31.85 billion<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The value of open short positions on MicroStrategy stocks has tripled over the past six months, reaching $6.9 billion, according to Cointelegraph. The securities of the &#8220;Bitcoin and related products developer&#8221; are among the 2500 largest shorts in the US stock market. The top position on the list is valued at $2.47 billion (ranked 27th). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1207,1211],"class_list":["post-14159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-microstrategy","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=14159"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/14158"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=14159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=14159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=14159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}