Short-sellers have lost more than $800 million on Rocket Companies, Ortex reveals

Data from financial analytics firm Ortex shows that a surge in the shares of U.S. mortgage provider Rocket Companies on Tuesday is estimated to have inflicted losses of $813 million on short-sellers.

Rocket’s shares jumped 71% on Tuesday as the stock drew interest on Twitter and Reddit’s popular WallStreetBets.

Ortex estimated that 45% of Rocket’s freefloat was shorted.


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