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Create 2021-06-03-Ortex-Co-Founder-Confirms-Majority-of-Short-Sellers-Have-Not-Exited-Their-Positions-in-Meme-Stocks.md

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Co-Founder of Ortex confirms "majority" of short sellers have not exited their positions in Meme stocks.
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| Author | Source |
| :-------------: |:-------------:|
| [u/randomd0rk](https://www.reddit.com/user/randomd0rk/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nr94fj/cofounder_of_ortex_confirms_majority_of_short/) |
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[News 📰 | Media 📱](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22News%20%F0%9F%93%B0%20%7C%20Media%20%F0%9F%93%B1%22&restrict_sr=1)
"Although we have seen some exiting of positions throughout the year, the majority of short-sellers have been happy to sit on significant paper losses in the hope that retail investors will blink first and the losses won't be realized," said Peter Hillerberg, co-founder of financial analytics firm Ortex.
"This now looks like a flawed strategy."
<https://www.bloomberg.com/news/articles/2021-06-03/defiant-meme-stock-short-sellers-stare-down-4-5-billion-loss>
*Edited to add Bloomberg source after Reuters changed the article.
Also, thanks for my first awards! Can I buy crayons with these?