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According to a recent Bloomberg article:

Melvin Capital closed its position after repositioning its portfolio, according to a spokesperson. Citron Capital’s Andrew Left also said Wednesday that the firm covered the majority of its GameStop short bets at “a loss of 100%” in a YouTube video.

Is it possible for a skeptical third-party observer to somehow confirm if this claim is true and their portfolio is now indeed free of $GME shorts? It would be very beneficial for the hedge fund to lie about closing their positions without actually closing them, as this might help them avoid a short squeeze after all.

Rodrigo de Azevedo
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JonathanReez
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2 Answers2

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Is it possible for a skeptical third-party observer to somehow confirm if this claim is true and their portfolio is now indeed free of $GME shorts?

No. However, the number of shorted shares for a given company is publicly known.

Franck Dernoncourt
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No, trades are private. If you are large enough then there are regulations that force you to reveal your trades, but those still take time because they're only mandatory every 3 months.

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). It must be filed with the SEC by an executive officer, director, or the affiliate of a company when placing an order to sell that company's stock during any three-month period in which the sale exceeds 5,000 shares or units or has an aggregate sales price greater than $50,000. This is also known as Rule 144 of the Securities Act of 1933.

(source above)

Allure
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