Snap Inc’s (SNAP) High Short Interest Adds a Wrinkle to Its Unusual Options Activity
With multiple experts weighing in on the possibility of the U.S. economy falling into stagflation, it’s not a surprise that several popular securities have attracted elevated short interest — in some cases to an extreme magnitude. It just comes down to the math, particularly negative revisions in the labor market combined with stubbornly elevated inflation. It’s at this point that speculative entities like social media platform Snap Inc (SNAP) appear to raise red flags. Right now, the short interest of SN ...