Your own link has historical volume average <10 million daily except for the days where le epic redditors were buying like crazy (after the shorts were made).
$GME was shorted to the tune of 150+%, so the shorts being covered at that price would have to involve a daily volume of 150+% of $GME's marketcap, which didn't happen.
Civility said my piece for me. I may be wrong about it, though, as the link has updated to reflect today's volume, and that is a good deal higher.
However, much of that volume is actually more short shares. As much as 55%. Shorts can't be covered by other shorts, it has to be covered by a long. If retailers have been hoovering up a substantial portion of GME and holding it long, then there just aren't enough longs to go around.
Your own link has historical volume average <10 million daily except for the days where le epic redditors were buying like crazy (after the shorts were made).
What the fuck are you talking about.
$GME was shorted to the tune of 150+%, so the shorts being covered at that price would have to involve a daily volume of 150+% of $GME's marketcap, which didn't happen.
Civility said my piece for me. I may be wrong about it, though, as the link has updated to reflect today's volume, and that is a good deal higher.
However, much of that volume is actually more short shares. As much as 55%. Shorts can't be covered by other shorts, it has to be covered by a long. If retailers have been hoovering up a substantial portion of GME and holding it long, then there just aren't enough longs to go around.
https://ns.reddit.com/r/wallstreetbets/comments/lbavu0/the_ratio_of_short_volume_to_total_volume/
The above post goes into some more detail about it.