$VUZI Consider this….1/15/2021- Closing price-$8.99. Shares sold short as of 1/15/2021=7,358,993. 12/31/2021 -Closing share price of $8.67. Shares sold short as of 12/31/2021=14,836,190. Short interest more than doubled and share price is down 3%. If there are any math whizzes out there …what will the share price be when these “borrowed” shares get returned? Another interesting question is who will sell their shares to the people who borrowed them? And at what price? If not one insider sold when is was over $30 why would you? Vuzix does not need to go to capital markets for money, is getting adopted all over the world in multiple verticals and is debt free.
3
9
9 Likes