Why ROOT is set to soar. 🚀🚀(Rockets Included)
Good evening degenerates.
I present you the stock ROOT.
Root provides insurance products and services in the United States. The company offers auto, homeowners, and renters insurance products. The company operates a direct-to-consumer model and serves customers primarily through mobile applications, as well as through its website. Its direct distribution channels also cover digital, media, and referral channels, as well as distribution partners.
It is currently trading at 6.06 by market close. 52 week high was around 29 ~
It’s been on a downtrend every since. Why? Because shorts have attacked this stock and it is poised to moon. Market cap is 1.54 B and they have 1 B cash on hand.
According to your favourites Will Meade and Ihor Dusaniwsky this stock is poised to rip.
Current Short Volume 21,390,000 shares
Previous Short Volume 19,080,000 shares
Change Vs. Previous Month +12.11%
Dollar Volume Sold Short $137.97 million
Short Interest Ratio / Days to Cover 3.2
Last Record Date August, 31 2021
Outstanding Shares 252,928,000 shares
Float Size 62,100,000 shares
Short Percent of Float 34.44%
Today’s Trading Volume 11,149,703 shares
Average Trading Volume 4,779,238 shares
Today’s Volume Vs. Average 133.29%
Positions: a shit ton of 7.5c exp October.
This is not financial advice, I just like the stock.
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September 14, 2021 at 04:47PM