$AKE Open interest is rising while price is falling: 24-hour open interest +51.85%, price -31.09%, open interest value $9.78 million.
New short positions may be driving the decline, or longs may be adding to their positions as prices fall. Watch for continued selling pressure from shorts, but also beware of a short squeeze if short positions become overcrowded. What will you do if the market reverses?
New short positions may be driving the decline, or longs may be adding to their positions as prices fall. Watch for continued selling pressure from shorts, but also beware of a short squeeze if short positions become overcrowded. What will you do if the market reverses?