April 11, 2021
Business News

As Virgin Galactic gets swept up in GameStop mania, it gets back to flying – Ars Technica

Enlarge/ VMS Eve carries VSS Unity for its first captive-carry flight over Mojave.
45 with 31 posters participating
At a time when non-traditional investors are buying up heavily shorted stocks like GameStop and AMC Networks, the hunt is on to find other targets among the most-shorted stocks in the market.
Among those stocks is Virgin Galactic, which has a “short percent of float” of about 70 percent. This means that institutional traders have shorted about 70 percent of the shares of stock that…

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