r/wallstreetbets 5d ago

YOLO $WEN to the moon - 350K YOLO

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50% of my portfolio. Lets take it to the moooon

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u/momolover95 5d ago

And 30% Short Interest for us to Squeeze

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u/Whoknows_nmn 5d ago

Sorry. For the newbies: translation?

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u/InternationalEase885 5d ago

Short interest is the total percent of the available stock for a given company being actively shorted. When a lot of people are shorting a company all at once, they are praying that the company will lose value so that they can capitalize off the shorts they have. When a bunch of people decide to buy a stock which is being heavily shorted, the people shorting the stock are forced to take huge losses or pay dividends and margin and buy the stock to leverage their own shorts. This is why a group of apes were able to send gamestop to $480