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Stock impact report

MemeMoney Published: Nov. 24, 2021 at 6:20 p.m. ET Your browser does not support the audio tag. AD Loading advertisement... 00:00 / 02:25 [MarketWatch]

Longeveron Inc. - Class A Common stock (LGVN) 
Company Research Source: MarketWatch
Short sellers really should have thought twice before betting huge against a company literally named Longeveron LGVN, Retail investors have struck again, executing another short squeeze of a relatively anonymous stock, pushing Longeveron shares up another 145.6% on Wednesday to bring its five-day gain to 1,000%-plus as short interest in the stock fell, indicating shorts were covering after taking some air out of the balloon on Wednesday. One day after short interest was at almost 120% of the available float, according to data from Ortex, a stat that bemused and angered many of the retail investors who are always up for a battle with the short-selling hedge funds they so publicly despise, the percentage had moved to the environs of 80%. While some retail investors on Tuesday appeared ready to take their profits and start preparing their turkey dinner , letting the stock fall almost 40% on the day as shorts piled back in after three days of getting fully Aped on the supercheap bi Show less Read more
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