NEW YORK: The number of GameStop Corp shares being shorted edged lower, according to data from analytics firm S3 Partners on Thursday, as the stock touted by small investors stemmed a sharp decline a day earlier.
The number of shares shorted fell to 25.86 million from 26.39 million a day earlier, according to S3. GameStop short interest, a measure of share price and the number of shares shorted, stood at $2.39 billion, roughly flat with the prior day.
GameStop shorts are down $8.83 billion in realized and unrealized losses so far in 2021, according to S3.
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