The continuous 70 million TSLA short

[Gtoffo]

I've been following the amount of shares available for short at Interactive Brokers through this link: View Shortable Stocks

The amount oscillates rather frequently between 400k and 100k shares.

This is most probably due to IB system's accuracy. But could it be something else? I've seen the value go under 100k only twice (it got to about 50k shares after the day after the stationary storage event and this morning after ER).

What is this about? Is someone using those shares to manipulate the market? 300k shares is a lot of money...how can it oscillate so frequently during the day? Big players must be involved. Any ideas?

 

[daniel Ox9EFD]

TSLA is great for short term investors. It's a wild roller coaster. This is the wall street equivalent of high stakes poker. Even some moderately bad news like poor sales in China, or some image of a car on fire is enough to send it tanking.

On the flip side this makes being a long term investor that much harder, too much noise in the system. These forums are a good way go get some signal in that noise.

 

[Gtoffo]

Current shares available pre-market:

Symbol: TSLA
Availability: 70'000

Availability at previous close 400k. Tesla is down 1%.

EDIT 15 min later:
Symbol: TSLA
Availability: 400'000
And we are still down by almost 1% pre market.

EDIT 18 min later:
Symbol: TSLA
Availability: 75'000

EDIT 20 min later:
Symbol: TSLA
Availability: 400'000
What is this!? -0,68%

EDIT 24 min later:
Symbol: TSLA
Availability: 75'000
-0,74%

EDIT 25 min later:
Symbol: TSLA
Availability: 400'000

FINAL EDIT:
Sorry, you have exceeded the number of inquires for today.

Pre market volume 91,597. Down 0,76%

 

[Gtoffo]

After Close 8 May
Symbol: TSLA
Availability: 250'000

 

[wycolo]

Sorry, but no one (else) can play shorts with MY shares. :smile:
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[Gtoffo]

I've found a more reliable source of information. I should be able to get more precise numbers and additional data regarding IB shorts. Will post updates monday.