The GameStop frenzy has kicked in once again on Wall Street with Roaring Kitty making a big entry on social media yesterday. Interestingly, Citron Research is once again building up short positions, despite getting heavily squeezed during the GameStop (NYSE: GME) rally in 2021.
Citron Research founder Andrew Left Building GameStop Shorts
Andrew Left, the founder of Citron Research, has initiated a new short position against GameStop Corp. after the video-game retailer’s stock price surged by as much as 75% on Monday. The spike followed Keith Gill, a prominent investor and meme stock influencer known as DeepF—ing Value on Reddit, revealing a stake of five million GameStop shares.
In May, Left had also announced a short position in the company’s shares. “I have covered my short from May and then re-shorted it today,” Left said in an interview with Bloomberg, noting that the new position is smaller than his previous ones, though he did not disclose its size.
GameStop’s early t
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