Robinhood denies claims that it sold GameStop shares out from under its traders
Here is my quick math:<p>Tradeable float: 47M<p>Top 3 holders: Fidelity, Blackrock, and Vanguard: 27M<p>Cohen: 9M<p>Half of Robinhood users own at least one share: 5M (conservative)<p>That leaves us with 6M shares, and with a short interest of 71M held short and ETFs like XRT buying them, it is likely there aren&#x27;t enough shares.<p>The only way to resolve this is i) Gamestop issue more shares&#x2F;shelf-offering. ii) shorts go bankrupt and&#x2F;or clearinghouse&#x2F;brokers take the bill.