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John from NorthPoint Financial Group Answered this on February 01, 2021
A group of investors did not like the hedge fund doing a short sale of that size. A short sale is done when the stock is expected to drop. so the buying, drove the price up and cost the hedge fund a lot. Many were forced to exit their positions. I hope this helps. (more) A group of investors did not like the hedge fund doing a short sale of that size. A short sale is done when the stock is expected to drop. so the buying, drove the price up and cost the hedge fund a lot. Many were forced to exit their positions. I hope this helps.