They are selling millions of shares from ETFs that’s why it’s dipping
Short sellers are dumping millions of GME shares through 63 ETFs to suppress price; 18+ million shares shorted at market open. High VIX (up 40%) and borrowed shares without corresponding sell volume suggest shorts are desperate and will be forced to cover, creating a gamma squeeze similar to January.
1d-6.4%
3d-6.4%
1w+21.7%
1m+66.5%
3m+123.1%
6m+93.4%
1y+9.1%