/biz/ - Business & Finance

https://www.reddit.com/r/GME/comments/lmou8l/gme_dd_price_target_my_personal_price_target_from/
>Total shares owned stand at 253,299,787
>The total shares outstanding stands at 69,746,960
>GME Share Ownership
>Insiders – 23,704,787
>Institutions – 151,000,000
>Funds – 40,000,000
>Retail – 38,595,000
>Total Owned: 253,299,787
>Total Outstanding: 69,746,960
>Percentage of ownership to outstanding : 363.17% (253,299,787 / 69,746,960)
>GME Short Information
>Estimated Synthetic shares: 183,552,827
>FINRA Short % of Float: 78.46%
>Finviz Float: 50,650,000
>Reported shares Shorted: 35,538,624
>Total estimated Short positions (synth + reported shorts)
>219,091,451
>Percentage of shorts to the float: 432.56%
He got 219,091,451 by doing 183552827 + 35,538,624, second value being reported shorts, and the first value being the Estimated Synthetic shares which is 253,299,787 - 69,746,960 (Total owned - Total Outstanding).
The values are a bit outdated already and it seems fund ownership has gone from 40,000,000 to 24,367,091 and institutions from 151,000,000 to 141,857,291 by using his source http://finra-markets.morningstar.com/MarketData/EquityOptions/detail.jsp?query=126%3A0P000002CH&sdkVersion=2.58.0
In what way could these values be incorrect, because honestly only the institutional ownership being 203% of total shares is enough to be retarded.
Disregard the AI price modeling though, which I believe is inaccurate as someone who does AI for a living.